Is 12824, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12824 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 12824 was a Seller's Market.

Key Takeaway

12824 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 12824, NY

How much do homes in 12824, NY cost?

Median Sold Price

$999,000

$565/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$2,855,000(-74.1%)

Key Takeaway

Homes in 12824 have sold for 74.1% less than they did a month ago.

Summary: The median home sold price in 12824 was $999,000 in December 2024, down 74.1% from last month, and the median price per square foot was $565.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $908K-
N/A
4 -$999K
N/A
5+ $6.8M-
N/A

Summary: 12824 housing prices by bedroom type for December 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in 12824, NY

How many homes are available in 12824, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
97-22.2%

Summary: The 12824 real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The 12824 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12824, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 12824 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12824, NY

How long does it take to sell a home in 12824, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
123 Days7 Days-94.3%

Summary: Homes in 12824 had an average of 7 days on market in Dec 2024, down by 94.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12824 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in 12824; 100% of homes were sold within 30 days, 0% 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 6 Days Ago

Newest Listings in 12824, NY

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