Is 12809, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12809 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12809 has remained a Seller's Market.

Key Takeaway

12809 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12809, NY

How much do homes in 12809, NY cost?

Median Sold Price

$399,500

$196/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$154,500(+63.1%)

Key Takeaway

Homes in 12809 have sold for 63.1% more than they did a month ago.

Summary: The median home sold price in 12809 was $399,500 in November 2024, up 63.1% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $65K-
N/A
3 $317.9K$260K
-18.2%
4 $191K$539K
+182.2%
5+ $355K-
N/A

Summary: 12809 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 decreased by 18.2%, 4 bedroom homes increased by 182.2%, and 5+ bedroom homes did not change.

Housing Supply in 12809, NY

How many homes are available in 12809, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1911-42.1%

Summary: The 12809 real estate market had 11 homes for sale in November 2024, a 42.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 40
-100.0%
3 107
-30.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The 12809 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 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

1 Home Was 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 12809, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 12809 in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 12809, NY

How long does it take to sell a home in 12809, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
54 Days66 Days+21.7%

Summary: Homes in 12809 had an average of 66 days on market in Nov 2024, up by 21.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 12809 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 12809; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in 12809, NY

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