Is 13037, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13037 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 13037 was a Seller's Market.

Key Takeaway

13037 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 13037, NY

How much do homes in 13037, NY cost?

Median Sold Price

$230,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-1.1%)

Key Takeaway

Homes in 13037 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 13037 was $230,000 in October 2024, down 1.1% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $70.2K$170K
+142.0%
3 $225K$228.5K
+1.6%
4 $351.2K$295.5K
-15.9%
5+ $170.5K$428.5K
+151.3%

Summary: 13037 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 142%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes increased by 151.3%.

Median Sold Price Compared To Nearby Zip Codes

13082
+15.7%
13032
+13.8%
13035
+10.1%
13037
-1.1%
13104
-6.1%

Housing Supply in 13037, NY

How many homes are available in 13037, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3233+3.1%

Summary: The 13037 real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 1920
+5.3%
4 76
-14.3%
5+ 11
0.0%

Summary: The 13037 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 increased by 25%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13037, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 13037 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for 13037, NY

How long does it take to sell a home in 13037, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days10 Days-59.7%

Summary: Homes in 13037 had an average of 10 days on market in Oct 2024, down by 59.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were 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 13037 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 13037; 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 21 Days Ago

Newest Listings in 13037, NY

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