Is 12857, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12857 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12857 has remained a Seller's Market.

Key Takeaway

12857 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12857, NY

How much do homes in 12857, NY cost?

Median Sold Price

$215,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+2.4%)

Key Takeaway

Homes in 12857 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 12857 was $215,000 in November 2024, up 2.4% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $71.2K$60K
-15.7%
2 $170K$215K
+26.5%
3 $249K$215.5K
-13.5%
4 $630K-
N/A
5+ -$325K
N/A

Summary: 12857 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 26.5%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

12870
+15.7%
12857
+2.4%

Housing Supply in 12857, NY

How many homes are available in 12857, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The 12857 real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 21
-50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 12857 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

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 12857, 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 12857 in November 2024, up by 100.0% 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 12857, NY

How long does it take to sell a home in 12857, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days61 Days+88.7%

Summary: Homes in 12857 had an average of 61 days on market in Nov 2024, up by 88.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 12857 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 12857; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

Newest Listings in 12857, NY

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