Is 12833, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12833 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 12833 was a Seller's Market.

Key Takeaway

12833 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12833, NY

How much do homes in 12833, NY cost?

Median Sold Price

$453,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,000(+10.0%)

Key Takeaway

Homes in 12833 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 12833 was $453,000 in October 2024, up 10% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $252K$444.2K
+76.3%
3 $400K$351K
-12.3%
4 $422.8K$500K
+18.3%
5+ $735K$1.1M
+53.7%

Summary: 12833 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.3%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 53.7%.

Median Sold Price Compared To Nearby Zip Codes

12822
+23.5%
12833
+10.0%
12866
+4.8%
12859
-3.5%

Housing Supply in 12833, NY

How many homes are available in 12833, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1817-5.6%

Summary: The 12833 real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 35
+66.7%
4 108
-20.0%
5+ 22
0.0%

Summary: The 12833 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 33.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12833, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 12833 in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 12833, NY

We’re sorry, we don't have information for this market at the moment

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 12833 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 12833; 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 20 Days Ago

Newest Listings in 12833, NY

Nearby Markets to 12833, NY