Is 12779, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12779 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 12779 was a Neutral Market.

Key Takeaway

12779 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12779, NY

How much do homes in 12779, NY cost?

Median Sold Price

$291,750

$217/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$21,750(+8.1%)

Key Takeaway

Homes in 12779 have sold for 8.1% more than they did a month ago.

Summary: The median home sold price in 12779 was $291,750 in November 2024, up 8.1% from last month, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$206K
N/A
3 $270K-
N/A
4 --
N/A
5+ -$377.5K
N/A

Summary: 12779 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12779
+8.1%
12751
-6.6%

Housing Supply in 12779, NY

How many homes are available in 12779, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 12779 real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 00
0.0%
5+ 45
+25.0%

Summary: The 12779 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12779, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 12779 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12779, NY

How long does it take to sell a home in 12779, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
54 Days25 Days-52.8%

Summary: Homes in 12779 had an average of 25 days on market in Nov 2024, down by 52.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in 12779 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 12779; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 12779, NY

Nearby Markets to 12779, NY