Is 12846, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12846 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 12846 was a Seller's Market.

Key Takeaway

12846 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12846, NY

How much do homes in 12846, NY cost?

Median Sold Price

$286,750

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,750(+19.5%)

Key Takeaway

Homes in 12846 have sold for 19.5% more than they did a year ago.

Summary: The median home sold price in 12846 was $286,750 in November 2024, up 19.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $84.5K-
N/A
2 $182.3K$342.5K
+87.9%
3 $250K$286.7K
+14.7%
4 $398K$198.9K
-50.0%
5+ $525K$360K
-31.4%

Summary: 12846 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.9%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 31.4%.

Median Sold Price Compared To Nearby Zip Codes

12822
+32.1%
12846
+19.5%
12845
+1.5%
12804
-2.9%
12835
-4.5%

Housing Supply in 12846, NY

How many homes are available in 12846, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2522-12.0%

Summary: The 12846 real estate market had 22 homes for sale in November 2024, a 12.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1715
-11.8%
4 21
-50.0%
5+ 22
0.0%

Summary: The 12846 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 remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12846, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12846 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 12846, NY

How long does it take to sell a home in 12846, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days45 Days+98.6%

Summary: Homes in 12846 had an average of 45 days on market in Nov 2024, up by 98.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12846 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 12846; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

Newest Listings in 12846, NY

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