$1,995 Closing Credit*
$168,000
480 SqFt
2 Beds
•1 Full Bath
Melinda Countryman, Listing Office: Lake Homes Realty LLC
Is 13607, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 13607 was a Seller's Market.
Key Takeaway
13607 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 13607, NY
How much do homes in 13607, NY cost?
Median Sold Price
$186,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$78,000(-29.5%)
Key Takeaway
Homes in 13607 have sold for 29.5% less than they did a year ago.
Summary: The median home sold price in 13607 was $186,000 in October 2024, down 29.5% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $563K | N/A |
| 2 Bedrooms | $300K | $158.8K | -47.1% |
| 3 Bedrooms | $180K | $185.5K | +3.1% |
| 4 Bedrooms | $492.5K | $260K | -47.2% |
| 5+ Bedrooms | $475K | - | N/A |
Summary: 13607 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 47.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 47.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 13656 | $201K | $234.6K | +16.7% |
| 13607 | $264K | $186K | -29.5% |
Housing Supply in 13607, NY
How many homes are available in 13607, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The 13607 real estate market had 23 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 13607 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 13607, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 13607 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 13607, NY
How long does it take to sell a home in 13607, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 30 Days | +500.0% |
Summary: Homes in 13607 had an average of 30 days on market in Oct 2024, up by 500% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 13607 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 13607; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
