Is 13108, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13108 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 13108 has remained a Seller's Market.

Key Takeaway

13108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13108, NY

How much do homes in 13108, NY cost?

Median Sold Price

$327,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$72,500(+28.4%)

Key Takeaway

Homes in 13108 have sold for 28.4% more than they did a year ago.

Summary: The median home sold price in 13108 was $327,500 in December 2024, up 28.4% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $210K$210K
0.0%
2 $127.8K$285.5K
+123.3%
3 $247.6K$291.6K
+17.8%
4 $265.7K$414K
+55.8%
5+ $374.1K$400K
+6.9%

Summary: 13108 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 123.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 55.8%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Zip Codes

13108
+28.4%
13215
+15.0%
13031
+4.4%
13152
-6.1%

Housing Supply in 13108, NY

How many homes are available in 13108, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1110-9.1%

Summary: The 13108 real estate market had 10 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The 13108 housing inventory by bedroom type for December 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 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
35+66.7%

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 13108, 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 13108 in December 2024, up by 66.7% 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 13108, NY

How long does it take to sell a home in 13108, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
8 Days32 Days+284.0%

Summary: Homes in 13108 had an average of 32 days on market in Dec 2024, up by 284% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13108 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 13108; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in 13108, NY

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