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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13420 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 13420 was a Buyer's Market.

Key Takeaway

13420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13420, NY

How much do homes in 13420, NY cost?

Median Sold Price

$490,000

$293/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$85,000(-14.8%)

Key Takeaway

Homes in 13420 have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in 13420 was $490,000 in December 2024, down 14.8% from last month, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$490K
N/A
3 $575K$867.5K
+50.9%
4 -$690K
N/A
5+ -$443K
N/A

Summary: 13420 housing prices by bedroom type for December 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 increased by 50.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

13338
+222.1%
13420
-14.8%
13331
-59.9%

Housing Supply in 13420, NY

How many homes are available in 13420, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1615-6.3%

Summary: The 13420 real estate market had 15 homes for sale in December 2024, a 6.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 55
0.0%
5+ 22
0.0%

Summary: The 13420 housing inventory by bedroom type for December 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were 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 13420, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 13420 in December 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Nov 2024Dec 2024CHANGE
50 Days54 Days+9.2%

Summary: Homes in 13420 had an average of 54 days on market in Dec 2024, up by 9.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 5 homes were sold in 13420; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 8 Days Ago

Newest Listings in 13420, NY

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