Is 12960, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 12960 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 12960 has remained a Seller's Market.

Key Takeaway

12960 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 12960, NY

How much do homes in 12960, NY cost?

Median Sold Price

$165,000

$104/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$277,500(-62.7%)

Key Takeaway

Homes in 12960 have sold for 62.7% less than they did a month ago.

Summary: The median home sold price in 12960 was $165,000 in November 2024, down 62.7% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$165K
N/A
4 $415K-
N/A
5+ $470K-
N/A

Summary: 12960 housing prices by bedroom type for November 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.

Median Sold Price Compared To Nearby Zip Codes

12974
-24.0%
12960
-62.7%

Housing Supply in 12960, NY

How many homes are available in 12960, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
64-33.3%

Summary: The 12960 real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 21
-50.0%
5+ 10
-100.0%

Summary: The 12960 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 12960, 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 12960 in November 2024, down by 50.0% 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 12960, NY

How long does it take to sell a home in 12960, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
55 Days7 Days-87.4%

Summary: Homes in 12960 had an average of 7 days on market in Nov 2024, down by 87.4% 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 12960 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 12960; 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 22 Days Ago

Newest Listings in 12960, NY

Nearby Markets to 12960, NY