Is 12801, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12801 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 12801 has remained a Seller's Market.

Key Takeaway

12801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12801, NY

How much do homes in 12801, NY cost?

Median Sold Price

$249,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$27,750(+12.5%)

Key Takeaway

Homes in 12801 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 12801 was $249,000 in December 2024, up 12.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $160.5K-
N/A
2 $165.5K$208K
+25.7%
3 $236K$231K
-2.1%
4 $217.5K$269K
+23.7%
5+ $269.9K$279.5K
+3.6%

Summary: 12801 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

12839
+12.8%
12801
+12.5%
12803
+5.8%
12804
-3.4%

Housing Supply in 12801, NY

How many homes are available in 12801, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6836-47.1%

Summary: The 12801 real estate market had 36 homes for sale in December 2024, a 47.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 3216
-50.0%
4 2415
-37.5%
5+ 61
-83.3%

Summary: The 12801 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 83.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12801, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 12801 in December 2024, down by 22.7% month-over-month. Of the 17 sold homes, 41% were sold under asking, 12% were sold at asking, and 47% were sold over asking.

Days on Market for 12801, NY

How long does it take to sell a home in 12801, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
20 Days22 Days+10.2%

Summary: Homes in 12801 had an average of 22 days on market in Dec 2024, up by 10.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12801 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in 12801; 65% of homes were sold within 30 days, 35% 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 7 Days Ago

Newest Listings in 12801, NY

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