Is 13207, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13207 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13207 has remained a Seller's Market.

Key Takeaway

13207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13207, NY

How much do homes in 13207, NY cost?

Median Sold Price

$159,450

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,450(+10.0%)

Key Takeaway

Homes in 13207 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 13207 was $159,450 in October 2024, up 10% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $81K-
N/A
2 $151.5K$148K
-2.3%
3 $147.9K$150K
+1.4%
4 $127K$179.2K
+41.1%
5+ $165K$162K
-1.8%

Summary: 13207 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Zip Codes

13204
+17.5%
13205
+12.6%
13219
+11.9%
13207
+10.0%

Housing Supply in 13207, NY

How many homes are available in 13207, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6567+3.1%

Summary: The 13207 real estate market had 67 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2126
+23.8%
4 2018
-10.0%
5+ 1816
-11.1%

Summary: The 13207 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 16.7%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13207, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 13207 in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.

Days on Market for 13207, NY

How long does it take to sell a home in 13207, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days24 Days+13.6%

Summary: Homes in 13207 had an average of 24 days on market in Oct 2024, up by 13.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13207 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 13207; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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 22 Days Ago

Newest Listings in 13207, NY

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