$2,374 Closing Credit*
$199,900
1,427 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kristy Brzostek, Listing Office: Kirnan Real Estate
Is 13031, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 13031 has remained a Seller's Market.
Key Takeaway
13031 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 13031, NY
How much do homes in 13031, NY cost?
Median Sold Price
$250,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,450(+3.9%)
Key Takeaway
Homes in 13031 have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in 13031 was $250,000 in October 2024, up 3.9% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $82.5K | +33.1% |
| 2 Bedrooms | $210K | $185.5K | -11.7% |
| 3 Bedrooms | $215.2K | $235K | +9.2% |
| 4 Bedrooms | $298.9K | $301K | +0.7% |
| 5+ Bedrooms | $350K | $413K | +18.0% |
Summary: 13031 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.1%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Zip Codes
| 13108 | $250K | $315K | +26.0% |
| 13209 | $175K | $206K | +17.7% |
| 13219 | $210K | $235K | +11.9% |
| 13031 | $240.5K | $250K | +3.9% |
Housing Supply in 13031, NY
How many homes are available in 13031, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 46 | -25.8% |
Summary: The 13031 real estate market had 46 homes for sale in October 2024, a 25.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 26 | 14 | -46.2% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 13031 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13031, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 13031 in October 2024, down by 33.3% month-over-month. Of the 12 sold homes, 42% were sold under asking, 0% were sold at asking, and 58% were sold over asking.
Days on Market for 13031, NY
How long does it take to sell a home in 13031, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 12 Days | -16.7% |
Summary: Homes in 13031 had an average of 12 days on market in Oct 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 13031 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 13031; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
