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 October 2023

At the same time last year, 13108 was a Neutral 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

$315,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+26.0%)

Key Takeaway

Homes in 13108 have sold for 26% more than they did a year ago.

Summary: The median home sold price in 13108 was $315,000 in October 2024, up 26% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$210K
0.0%
2 $220K$285.5K
+29.8%
3 $249.9K$280K
+12.0%
4 $266.5K$390K
+46.3%
5+ $262.1K$430K
+64.1%

Summary: 13108 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 29.8%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 46.3%, and 5+ bedroom homes increased by 64.1%.

Median Sold Price Compared To Nearby Zip Codes

13108
+26.0%
13215
+9.5%
13031
+3.9%
13152
-5.7%

Housing Supply in 13108, NY

How many homes are available in 13108, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1613-18.8%

Summary: The 13108 real estate market had 13 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 88
0.0%
4 63
-50.0%
5+ 11
0.0%

Summary: The 13108 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 13108 in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
13 Days10 Days-19.2%

Summary: Homes in 13108 had an average of 10 days on market in Oct 2024, down by 19.2% compared to last year.

Breakdown of Home Sale Times

4 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 13108 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 13108; 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 23 Days Ago

Newest Listings in 13108, NY

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