Is 13114, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13114 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 13114 has remained a Seller's Market.

Key Takeaway

13114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13114, NY

How much do homes in 13114, NY cost?

Median Sold Price

$265,000

$146/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$100,100(+60.7%)

Key Takeaway

Homes in 13114 have sold for 60.7% more than they did a month ago.

Summary: The median home sold price in 13114 was $265,000 in December 2024, up 60.7% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $164.9K-
N/A
3 $83.5K$340.5K
+307.8%
4 $168K$260K
+54.8%
5+ --
N/A

Summary: 13114 housing prices by bedroom type for December 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 increased by 307.8%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

13114
+60.7%
13142
+45.1%

Housing Supply in 13114, NY

How many homes are available in 13114, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1816-11.1%

Summary: The 13114 real estate market had 16 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 68
+33.3%
4 107
-30.0%
5+ 11
0.0%

Summary: The 13114 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 decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13114, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 13114 in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 13114, NY

How long does it take to sell a home in 13114, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
46 Days24 Days-47.1%

Summary: Homes in 13114 had an average of 24 days on market in Dec 2024, down by 47.1% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13114 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 13114; 71% of homes were sold within 30 days, 29% 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 6 Days Ago

Newest Listings in 13114, NY

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