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 December 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

$175,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$1,000(+0.6%)

Key Takeaway

Homes in 13148 have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in 13148 was $175,000 in December 2024, up 0.6% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $205K-
N/A
2 $105.2K$126K
+19.8%
3 $163.5K$175K
+7.0%
4 $208K$184.5K
-11.3%
5+ $170K$227.5K
+33.8%

Summary: 13148 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 19.8%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes increased by 33.8%.

Median Sold Price Compared To Nearby Zip Codes

13165
+7.1%
13148
+0.6%

Housing Supply in 13148, NY

How many homes are available in 13148, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2923-20.7%

Summary: The 13148 real estate market had 23 homes for sale in December 2024, a 20.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 98
-11.1%
4 117
-36.4%
5+ 65
-16.7%

Summary: The 13148 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 decreased by 11.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13148, 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 13148 in December 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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

Dec 2023Dec 2024CHANGE
12 Days15 Days+20.3%

Summary: Homes in 13148 had an average of 15 days on market in Dec 2024, up by 20.3% compared to last year.

Breakdown of Home Sale Times

4 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 December 2024, 5 homes were sold in 13148; 80% of homes were sold within 30 days, 20% 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 4 Days Ago

Newest Listings in 13148, NY

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