Is 12764, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12764 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 12764 was a Buyer's Market.

Key Takeaway

12764 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12764, NY

How much do homes in 12764, NY cost?

Median Sold Price

$427,500

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$80,500(+23.2%)

Key Takeaway

Homes in 12764 have sold for 23.2% more than they did a year ago.

Summary: The median home sold price in 12764 was $427,500 in November 2024, up 23.2% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$115K
N/A
2 $210K$379.5K
+80.7%
3 $560K$435K
-22.3%
4 $452.5K$616.2K
+36.2%
5+ $850K$489.5K
-42.4%

Summary: 12764 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.7%, 3 bedroom homes decreased by 22.3%, 4 bedroom homes increased by 36.2%, and 5+ bedroom homes decreased by 42.4%.

Median Sold Price Compared To Nearby Zip Codes

12764
+23.2%
12726
+20.7%

Housing Supply in 12764, NY

How many homes are available in 12764, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2015-25.0%

Summary: The 12764 real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 63
-50.0%
3 87
-12.5%
4 43
-25.0%
5+ 11
0.0%

Summary: The 12764 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12764, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12764 in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12764, NY

How long does it take to sell a home in 12764, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days51 Days+3.7%

Summary: Homes in 12764 had an average of 51 days on market in Nov 2024, up by 3.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12764 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 12764; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in 12764, NY

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