$1,399 Closing Credit*
$117,777
831 SqFt
2 Beds
•1 Full Bath
Sherry L Cavallaro, Listing Office: Howard Hanna
Is 12816, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 12816 has remained a Seller's Market.
Key Takeaway
12816 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12816, NY
How much do homes in 12816, NY cost?
Median Sold Price
$235,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,600(+26.8%)
Key Takeaway
Homes in 12816 have sold for 26.8% more than they did a year ago.
Summary: The median home sold price in 12816 was $235,000 in October 2024, up 26.8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131.5K | $167.5K | +27.4% |
| 2 Bedrooms | $185.3K | $190K | +2.5% |
| 3 Bedrooms | $211K | $220K | +4.3% |
| 4 Bedrooms | $257.5K | $262.2K | +1.8% |
| 5+ Bedrooms | $180K | $228.5K | +27.0% |
Summary: 12816 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Zip Codes
| 12816 | $185.4K | $235K | +26.8% |
| 12834 | $238.3K | $265K | +11.2% |
Housing Supply in 12816, NY
How many homes are available in 12816, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The 12816 real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 12816 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 decreased by 100%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 12816, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 12816 in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.
Days on Market for 12816, NY
How long does it take to sell a home in 12816, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 10 Days | -39.2% |
Summary: Homes in 12816 had an average of 10 days on market in Oct 2024, down by 39.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12816 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 12816; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.