Is 13420, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13420 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 13420 was a Neutral Market.

Key Takeaway

13420 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 13420, NY

How much do homes in 13420, NY cost?

Median Sold Price

$545,000

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,500(+17.3%)

Key Takeaway

Homes in 13420 have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in 13420 was $545,000 in October 2024, up 17.3% from last year, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$430K
+87.0%
2 $351K$545K
+55.3%
3 $350K$540K
+54.3%
4 $898.7K$879.1K
-2.2%
5+ $860K$950K
+10.5%

Summary: 13420 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87%, 2 bedroom homes increased by 55.3%, 3 bedroom homes increased by 54.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 10.5%.

Housing Supply in 13420, NY

How many homes are available in 13420, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1816-11.1%

Summary: The 13420 real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 96
-33.3%
4 33
0.0%
5+ 23
+50.0%

Summary: The 13420 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13420, 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 13420 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 13420, NY

How long does it take to sell a home in 13420, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
75 Days13 Days-82.1%

Summary: Homes in 13420 had an average of 13 days on market in Oct 2024, down by 82.1% compared to last year.

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 13420 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 13420; 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 13420, NY

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