Is 12759, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12759 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12759 was a Buyer's Market.

Key Takeaway

12759 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 12759, NY

How much do homes in 12759, NY cost?

Median Sold Price

$281,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$71,000(+33.8%)

Key Takeaway

Homes in 12759 have sold for 33.8% more than they did a year ago.

Summary: The median home sold price in 12759 was $281,000 in October 2024, up 33.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $187.5K$317K
+69.1%
3 $129K$262K
+103.1%
4 $210K$320K
+52.4%
5+ $330K$135K
-59.1%

Summary: 12759 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.1%, 3 bedroom homes increased by 103.1%, 4 bedroom homes increased by 52.4%, and 5+ bedroom homes decreased by 59.1%.

Median Sold Price Compared To Nearby Zip Codes

12759
+33.8%
12754
+30.9%

Housing Supply in 12759, NY

How many homes are available in 12759, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The 12759 real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 11
0.0%
4 22
0.0%
5+ 22
0.0%

Summary: The 12759 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12759, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 12759 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12759, NY

How long does it take to sell a home in 12759, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days87 Days+70.6%

Summary: Homes in 12759 had an average of 87 days on market in Oct 2024, up by 70.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12759 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 12759; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in 12759, NY

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