Is 12865, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12865 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 12865 was a Seller's Market.

Key Takeaway

12865 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 12865, NY

How much do homes in 12865, NY cost?

Median Sold Price

$225,570

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$35,570(+18.7%)

Key Takeaway

Homes in 12865 have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in 12865 was $225,570 in December 2024, up 18.7% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $162K$153.2K
-5.4%
2 $175.2K$260.4K
+48.6%
3 $195K$190K
-2.6%
4 $197.5K$249.9K
+26.6%
5+ $275K$279K
+1.5%

Summary: 12865 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 48.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 1.5%.

Housing Supply in 12865, NY

How many homes are available in 12865, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2927-6.9%

Summary: The 12865 real estate market had 27 homes for sale in December 2024, a 6.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1513
-13.3%
4 43
-25.0%
5+ 34
+33.3%

Summary: The 12865 housing inventory by bedroom type for December 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 13.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were 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 12865, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 12865 in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 12865, NY

How long does it take to sell a home in 12865, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
54 Days63 Days+16.9%

Summary: Homes in 12865 had an average of 63 days on market in Dec 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 12865 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 12865; 33% of homes were sold within 30 days, 33% 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 14 Days Ago

Newest Listings in 12865, NY

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