Is 12873, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12873 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12873 has remained a Seller's Market.

Key Takeaway

12873 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12873, NY

How much do homes in 12873, NY cost?

Median Sold Price

$415,000

$280/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$225,000(+118.4%)

Key Takeaway

Homes in 12873 have sold for 118.4% more than they did a month ago.

Summary: The median home sold price in 12873 was $415,000 in October 2024, up 118.4% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $330K-
N/A
2 -$415K
N/A
3 --
N/A
4 $50K-
N/A
5+ --
N/A

Summary: 12873 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 12873, NY

How many homes are available in 12873, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64-33.3%

Summary: The 12873 real estate market had 4 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 11
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The 12873 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 12873, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 12873 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 12873, NY

How long does it take to sell a home in 12873, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
106 Days79 Days-25.8%

Summary: Homes in 12873 had an average of 79 days on market in Oct 2024, down by 25.8% compared to last month.

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 12873 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 12873; 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 17 Days Ago

Newest Listings in 12873, NY

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