$1,663 Closing Credit*
$140,000
1,500 SqFt
Susan Gustafson, Listing Office: Susie Gustafson R.E., LLC
Is 13408, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 13408 was a Neutral Market.
Key Takeaway
13408 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 13408, NY
How much do homes in 13408, NY cost?
Median Sold Price
$177,500
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,000(+5.3%)
Key Takeaway
Homes in 13408 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 13408 was $177,500 in October 2024, up 5.3% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $199.9K | $127.5K | -36.2% |
| 3 Bedrooms | $157.6K | $187K | +18.6% |
| 4 Bedrooms | $166.4K | $194K | +16.6% |
| 5+ Bedrooms | $174.5K | $179K | +2.6% |
Summary: 13408 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 36.2%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 13408, NY
How many homes are available in 13408, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The 13408 real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 13408 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 13408, 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 13408 in October 2024, the same as the previous 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 13408, NY
How long does it take to sell a home in 13408, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 48 Days | +23.1% |
Summary: Homes in 13408 had an average of 48 days on market in Oct 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 13408 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 13408; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
