Is 13164, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13164 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 13164 has remained a Seller's Market.

Key Takeaway

13164 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13164, NY

How much do homes in 13164, NY cost?

Median Sold Price

$277,500

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$77,500(-21.8%)

Key Takeaway

Homes in 13164 have sold for 21.8% less than they did a year ago.

Summary: The median home sold price in 13164 was $277,500 in December 2024, down 21.8% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$99K
N/A
2 -$194.5K
N/A
3 $285K$290K
+1.8%
4 $387.5K$410K
+5.8%
5+ --
N/A

Summary: 13164 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 did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

13209
+11.4%
13031
+4.4%
13027
+3.1%
13164
-21.8%

Housing Supply in 13164, NY

How many homes are available in 13164, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
54-20.0%

Summary: The 13164 real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 20
-100.0%
5+ 11
0.0%

Summary: The 13164 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 increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were 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 13164, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 13164 in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 13164, NY

How long does it take to sell a home in 13164, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
64 Days7 Days-89.1%

Summary: Homes in 13164 had an average of 7 days on market in Dec 2024, down by 89.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 13164 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in 13164; 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 4 Days Ago

Newest Listings in 13164, NY

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