Is 13440, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13440 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13440 has remained a Seller's Market.

Key Takeaway

13440 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13440, NY

How much do homes in 13440, NY cost?

Median Sold Price

$173,050

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,050(+6.2%)

Key Takeaway

Homes in 13440 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 13440 was $173,050 in October 2024, up 6.2% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $106.7K$83.7K
-21.5%
2 $110K$153.5K
+39.5%
3 $161.7K$183.2K
+13.3%
4 $231.1K$180.1K
-22.1%
5+ $157K$120K
-23.6%

Summary: 13440 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 39.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes decreased by 23.6%.

Median Sold Price Compared To Nearby Zip Codes

13440
+6.2%
13424
-15.4%

Housing Supply in 13440, NY

How many homes are available in 13440, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
169166-1.8%

Summary: The 13440 real estate market had 166 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1718
+5.9%
3 7273
+1.4%
4 5850
-13.8%
5+ 2124
+14.3%

Summary: The 13440 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 increased by 5.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3638+5.6%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13440, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 13440 in October 2024, up by 5.6% month-over-month. Of the 38 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.

Days on Market for 13440, NY

How long does it take to sell a home in 13440, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days19 Days-29.7%

Summary: Homes in 13440 had an average of 19 days on market in Oct 2024, down by 29.7% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13440 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 13440; 74% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% 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 16 Days Ago

Newest Listings in 13440, NY

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