Is 13148, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13148 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13148 has remained a Seller's Market.

Key Takeaway

13148 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13148, NY

How much do homes in 13148, NY cost?

Median Sold Price

$179,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+5.3%)

Key Takeaway

Homes in 13148 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 13148 was $179,000 in October 2024, up 5.3% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $186K$307.5K
+65.3%
2 $132.7K$125K
-5.8%
3 $156.5K$164.9K
+5.4%
4 $192.9K$240K
+24.4%
5+ $175K$185K
+5.7%

Summary: 13148 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.3%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

13148
+5.3%
13165
+1.6%
14541
-50.7%

Housing Supply in 13148, NY

How many homes are available in 13148, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3227-15.6%

Summary: The 13148 real estate market had 27 homes for sale in October 2024, a 15.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 105
-50.0%
4 1610
-37.5%
5+ 38
+166.7%

Summary: The 13148 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 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 166.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13148, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 13148 in October 2024, up by 233.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for 13148, NY

How long does it take to sell a home in 13148, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days11 Days+3.0%

Summary: Homes in 13148 had an average of 11 days on market in Oct 2024, up by 3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13148 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 13148; 90% of homes were sold within 30 days, 10% 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 5 Days Ago

Newest Listings in 13148, NY

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