Is 12832, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12832 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12832 has remained a Seller's Market.

Key Takeaway

12832 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12832, NY

How much do homes in 12832, NY cost?

Median Sold Price

$204,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,500(+21.8%)

Key Takeaway

Homes in 12832 have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in 12832 was $204,000 in November 2024, up 21.8% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$108.5K
-32.2%
2 $143.5K$127K
-11.5%
3 $182K$205K
+12.6%
4 $182.6K$237.5K
+30.0%
5+ $153.7K$90K
-41.4%

Summary: 12832 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.2%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 41.4%.

Housing Supply in 12832, NY

How many homes are available in 12832, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2726-3.7%

Summary: The 12832 real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 53
-40.0%
3 911
+22.2%
4 87
-12.5%
5+ 33
0.0%

Summary: The 12832 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 40%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12832, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 12832 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 12832, NY

How long does it take to sell a home in 12832, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days48 Days+828.6%

Summary: Homes in 12832 had an average of 48 days on market in Nov 2024, up by 828.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12832 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 12832; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 12832, NY

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