Is 13421, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13421 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 13421 was a Neutral Market.

Key Takeaway

13421 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13421, NY

How much do homes in 13421, NY cost?

Median Sold Price

$172,250

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,250(+6.3%)

Key Takeaway

Homes in 13421 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 13421 was $172,250 in October 2024, up 6.3% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$39.2K
N/A
2 $134.5K$111.8K
-16.9%
3 $167K$182.5K
+9.3%
4 $188K$191K
+1.6%
5+ $167K$193.9K
+16.1%

Summary: 13421 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 16.9%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Zip Codes

13476
+10.3%
13421
+6.3%

Housing Supply in 13421, NY

How many homes are available in 13421, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5551-7.3%

Summary: The 13421 real estate market had 51 homes for sale in October 2024, a 7.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 75
-28.6%
3 2221
-4.5%
4 1616
0.0%
5+ 99
0.0%

Summary: The 13421 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1016+60.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13421, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 13421 in October 2024, up by 60.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 6% were sold at asking, and 31% were sold over asking.

Days on Market for 13421, NY

How long does it take to sell a home in 13421, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days27 Days+439.5%

Summary: Homes in 13421 had an average of 27 days on market in Oct 2024, up by 439.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13421 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 13421; 69% of homes were sold within 30 days, 31% 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 13421, NY

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