Is 12851, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12851 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12851 has remained a Seller's Market.

Key Takeaway

12851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12851, NY

How much do homes in 12851, NY cost?

Median Sold Price

$190,000

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$48,500(-20.3%)

Key Takeaway

Homes in 12851 have sold for 20.3% less than they did a month ago.

Summary: The median home sold price in 12851 was $190,000 in October 2024, down 20.3% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$190K
N/A
3 $238.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: 12851 housing prices by bedroom type for October 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 12851, NY

How many homes are available in 12851, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 12851 real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 12851 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 12851, 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 12851 in October 2024, the same as the previous 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 12851, NY

How long does it take to sell a home in 12851, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
85 Days7 Days-91.8%

Summary: Homes in 12851 had an average of 7 days on market in Oct 2024, down by 91.8% 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 12851 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 12851; 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 4 Days Ago

Newest Listings in 12851, NY

Nearby Markets to 12851, NY