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 December 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

$158,875

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$325(-0.2%)

Key Takeaway

The sold price of homes in 13207 has remained the same since last year.

Summary: The median home sold price in 13207 was $158,875 in December 2024, down 0.2% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $84.8K-
N/A
2 $142.2K$144.5K
+1.6%
3 $161.5K$155K
-4.0%
4 $143.5K$185K
+28.9%
5+ $165K$158.7K
-3.8%

Summary: 13207 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 1.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

13204
+18.7%
13205
+17.2%
13219
+10.1%
13207
-0.2%

Housing Supply in 13207, NY

How many homes are available in 13207, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6356-11.1%

Summary: The 13207 real estate market had 56 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 02
+100.0%
2 44
0.0%
3 2625
-3.8%
4 1914
-26.3%
5+ 1411
-21.4%

Summary: The 13207 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 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. 75% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 13207 in December 2024, up by 33.3% month-over-month. Of the 16 sold homes, 19% were sold under asking, 6% were sold at asking, and 75% 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

Dec 2023Dec 2024CHANGE
9 Days26 Days+191.2%

Summary: Homes in 13207 had an average of 26 days on market in Dec 2024, up by 191.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were 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 December 2024, 16 homes were sold in 13207; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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 13207, NY

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