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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12865 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 12865 has remained a Seller's Market.

Key Takeaway

12865 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12865, NY

How much do homes in 12865, NY cost?

Median Sold Price

$225,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+15.4%)

Key Takeaway

Homes in 12865 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 12865 was $225,000 in November 2024, up 15.4% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162K$153.2K
-5.4%
2 $185.4K$250.7K
+35.3%
3 $203K$190K
-6.4%
4 $195K$249.9K
+28.2%
5+ $275K$279K
+1.5%

Summary: 12865 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 35.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 28.2%, 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

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The 12865 real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1514
-6.7%
4 34
+33.3%
5+ 23
+50.0%

Summary: The 12865 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 6.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 12865 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
41 Days61 Days+48.5%

Summary: Homes in 12865 had an average of 61 days on market in Nov 2024, up by 48.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 5 homes were sold in 12865; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 11 Days Ago

Newest Listings in 12865, NY

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