$2,363 Closing Credit*
$199,000
1,260 SqFt
3 Beds
•2 Full Baths
Donald J. Patti, Listing Office: Howard Hanna Real Estate
Is 13224, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 13224 has remained a Seller's Market.
Key Takeaway
13224 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 13224, NY
How much do homes in 13224, NY cost?
Median Sold Price
$219,250
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,250(-1.9%)
Key Takeaway
Homes in 13224 have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in 13224 was $219,250 in October 2024, down 1.9% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $187.5K | N/A |
| 2 Bedrooms | $160K | $170.1K | +6.3% |
| 3 Bedrooms | $205K | $175.9K | -14.2% |
| 4 Bedrooms | $281K | $292K | +3.9% |
| 5+ Bedrooms | $275.8K | $445K | +61.3% |
Summary: 13224 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 increased by 6.3%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 61.3%.
Housing Supply in 13224, NY
How many homes are available in 13224, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Summary: The 13224 real estate market had 26 homes for sale in October 2024, a 23.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 9 | 4 | -55.6% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 13224 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 decreased by 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13224, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 13224 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for 13224, NY
How long does it take to sell a home in 13224, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 18 Days | +81.4% |
Summary: Homes in 13224 had an average of 18 days on market in Oct 2024, up by 81.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 13224 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 13224; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
