Is 13409, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13409 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 13409 was a Neutral Market.

Key Takeaway

13409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13409, NY

How much do homes in 13409, NY cost?

Median Sold Price

$139,000

$73/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$91,000(-39.6%)

Key Takeaway

Homes in 13409 have sold for 39.6% less than they did a month ago.

Summary: The median home sold price in 13409 was $139,000 in October 2024, down 39.6% from last month, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$168K
N/A
3 $230K-
N/A
4 --
N/A
5+ -$110K
N/A

Summary: 13409 housing prices by bedroom type for October 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 13409, NY

How many homes are available in 13409, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The 13409 real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The 13409 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 13409, 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 13409 in October 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 13409, NY

How long does it take to sell a home in 13409, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
5 Days13 Days+170.0%

Summary: Homes in 13409 had an average of 13 days on market in Oct 2024, up by 170% 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 13409 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 13409; 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 4 Days Ago

Newest Listings in 13409, NY

Nearby Markets to 13409, NY