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 22 Days Ago

Newest Listings in 13421, NY

Nearby Markets to 13421, NY