Is 12814, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12814 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 12814 was a Neutral Market.

Key Takeaway

12814 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12814, NY

How much do homes in 12814, NY cost?

Median Sold Price

$740,000

$378/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$165,000(+28.7%)

Key Takeaway

Homes in 12814 have sold for 28.7% more than they did a month ago.

Summary: The median home sold price in 12814 was $740,000 in November 2024, up 28.7% from last month, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$455K
N/A
3 $956.7K-
N/A
4 $462.5K$995K
+115.1%
5+ --
N/A

Summary: 12814 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 increased by 115.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12824
+619.7%
12814
+28.7%

Housing Supply in 12814, NY

How many homes are available in 12814, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The 12814 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 64
-33.3%
4 75
-28.6%
5+ 12
+100.0%

Summary: The 12814 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 increased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were 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 12814, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12814 in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 12814, NY

How long does it take to sell a home in 12814, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
44 Days26 Days-41.4%

Summary: Homes in 12814 had an average of 26 days on market in Nov 2024, down by 41.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 12814 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 12814; 67% of homes were sold within 30 days, 33% 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 22 Days Ago

Newest Listings in 12814, NY

Nearby Markets to 12814, NY