$4,155 Closing Credit*
$349,900
3,000 SqFt
6 Beds
•3 Full Baths
Debora L. Clark, Listing Office: Riordan Realty
Is 13118, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 13118 has remained a Seller's Market.
Key Takeaway
13118 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 13118, NY
How much do homes in 13118, NY cost?
Median Sold Price
$249,900
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,400(+23.4%)
Key Takeaway
Homes in 13118 have sold for 23.4% more than they did a year ago.
Summary: The median home sold price in 13118 was $249,900 in November 2024, up 23.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.6K | - | N/A |
| 2 Bedrooms | $132.7K | $183K | +37.9% |
| 3 Bedrooms | $225K | $361.6K | +60.7% |
| 4 Bedrooms | $210K | $228.4K | +8.8% |
| 5+ Bedrooms | $284.5K | $187.6K | -34.0% |
Summary: 13118 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 60.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 34%.
Median Sold Price Compared To Nearby Zip Codes
| 13118 | $202.5K | $249.9K | +23.4% |
| 13077 | $190K | $188K | -1.1% |
| 13152 | $615K | $567.4K | -7.7% |
| 13092 | $199K | $179.9K | -9.6% |
Housing Supply in 13118, NY
How many homes are available in 13118, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The 13118 real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 13118 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13118, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 13118 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 13118, NY
How long does it take to sell a home in 13118, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 59 Days | +198.7% |
Summary: Homes in 13118 had an average of 59 days on market in Nov 2024, up by 198.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 13118 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 13118; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
