Is 13159, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13159 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 13159 has remained a Seller's Market.

Key Takeaway

13159 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13159, NY

How much do homes in 13159, NY cost?

Median Sold Price

$316,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$16,000(+5.3%)

Key Takeaway

Homes in 13159 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 13159 was $316,000 in December 2024, up 5.3% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$275K
N/A
2 $275K$288K
+4.7%
3 $285K$285.5K
0.2%
4 $315K$509K
+61.6%
5+ $325K$218.8K
-32.7%

Summary: 13159 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 4.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 61.6%, and 5+ bedroom homes decreased by 32.7%.

Median Sold Price Compared To Nearby Zip Codes

13159
+5.3%
13084
-19.8%

Housing Supply in 13159, NY

How many homes are available in 13159, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
145-64.3%

Summary: The 13159 real estate market had 5 homes for sale in December 2024, a 64.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 62
-66.7%
4 41
-75.0%
5+ 32
-33.3%

Summary: The 13159 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 decreased by 66.7%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13159, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13159 in December 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 13159, NY

How long does it take to sell a home in 13159, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
20 Days7 Days-62.5%

Summary: Homes in 13159 had an average of 7 days on market in Dec 2024, down by 62.5% compared to last year.

Breakdown of Home Sale Times

2 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 13159 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 13159; 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 5 Days Ago

Newest Listings in 13159, NY

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