Is 12804, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12804 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 12804 has remained a Seller's Market.

Key Takeaway

12804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12804, NY

How much do homes in 12804, NY cost?

Median Sold Price

$338,250

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$11,750(-3.4%)

Key Takeaway

Homes in 12804 have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in 12804 was $338,250 in December 2024, down 3.4% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $40K$163.4K
+308.6%
2 $234.9K$245.2K
+4.4%
3 $349.9K$322K
-8.0%
4 $428K$460K
+7.5%
5+ $505K$464.1K
-8.1%

Summary: 12804 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 308.6%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Zip Codes

12839
+12.8%
12801
+12.5%
12803
+5.8%
12845
+3.3%
12804
-3.4%

Housing Supply in 12804, NY

How many homes are available in 12804, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9764-34.0%

Summary: The 12804 real estate market had 64 homes for sale in December 2024, a 34.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1414
0.0%
3 4422
-50.0%
4 3522
-37.1%
5+ 35
+66.7%

Summary: The 12804 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3016-46.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12804, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 12804 in December 2024, down by 46.7% month-over-month. Of the 16 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% were sold over asking.

Days on Market for 12804, NY

How long does it take to sell a home in 12804, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
14 Days44 Days+209.1%

Summary: Homes in 12804 had an average of 44 days on market in Dec 2024, up by 209.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12804 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 16 homes were sold in 12804; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

Newest Listings in 12804, NY

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