Is 12815, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12815 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12815 has remained a Seller's Market.

Key Takeaway

12815 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12815, NY

How much do homes in 12815, NY cost?

Median Sold Price

$451,000

$296/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$104,500(+30.2%)

Key Takeaway

Homes in 12815 have sold for 30.2% more than they did a month ago.

Summary: The median home sold price in 12815 was $451,000 in October 2024, up 30.2% from last month, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$317K
N/A
2 $368K-
N/A
3 $325K$1.5M
+381.7%
4 --
N/A
5+ -$430K
N/A

Summary: 12815 housing prices by bedroom type for October 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 increased by 381.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12815
+30.2%
12860
-32.9%

Housing Supply in 12815, NY

How many homes are available in 12815, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The 12815 real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 11
0.0%
3 32
-33.3%
4 23
+50.0%
5+ 22
0.0%

Summary: The 12815 housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 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 12815, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 12815 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 12815, NY

How long does it take to sell a home in 12815, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
34 Days172 Days+400.0%

Summary: Homes in 12815 had an average of 172 days on market in Oct 2024, up by 400% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 12815 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in 12815; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 17 Days Ago

Newest Listings in 12815, NY

Nearby Markets to 12815, NY