Is 13205, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13205 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 13205 has remained a Seller's Market.

Key Takeaway

13205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13205, NY

How much do homes in 13205, NY cost?

Median Sold Price

$120,000

$63/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$17,600(+17.2%)

Key Takeaway

Homes in 13205 have sold for 17.2% more than they did a year ago.

Summary: The median home sold price in 13205 was $120,000 in December 2024, up 17.2% from last year, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $116.7K$150K
+28.4%
3 $121.4K$125K
+2.9%
4 $88.7K$94.9K
+7.0%
5+ $74.6K$128.6K
+72.3%

Summary: 13205 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 28.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 72.3%.

Median Sold Price Compared To Nearby Zip Codes

13205
+17.2%
13210
+13.6%
13207
-0.2%

Housing Supply in 13205, NY

How many homes are available in 13205, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7266-8.3%

Summary: The 13205 real estate market had 66 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 2823
-17.9%
4 1923
+21.1%
5+ 1816
-11.1%

Summary: The 13205 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 42.9%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13205, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 13205 in December 2024, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 13205, NY

How long does it take to sell a home in 13205, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days9 Days-60.4%

Summary: Homes in 13205 had an average of 9 days on market in Dec 2024, down by 60.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13205 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 12 homes were sold in 13205; 83% of homes were sold within 30 days, 17% 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 6 Days Ago

Newest Listings in 13205, NY

Nearby Markets to 13205, NY