Is 13402, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13402 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 13402 was a Neutral Market.

Key Takeaway

13402 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13402, NY

How much do homes in 13402, NY cost?

Median Sold Price

$125,500

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$24,400(-16.3%)

Key Takeaway

Homes in 13402 have sold for 16.3% less than they did a month ago.

Summary: The median home sold price in 13402 was $125,500 in November 2024, down 16.3% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$125.5K
N/A
4 --
N/A
5+ $149.9K-
N/A

Summary: 13402 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 13402, NY

How many homes are available in 13402, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The 13402 real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 00
0.0%
5+ 21
-50.0%

Summary: The 13402 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 13402, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13402 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 13402, NY

How long does it take to sell a home in 13402, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days9 Days+35.7%

Summary: Homes in 13402 had an average of 9 days on market in Nov 2024, up by 35.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 13402 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 13402; 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 23 Days Ago

Newest Listings in 13402, NY

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