Is 13618, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13618 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 13618 was a Seller's Market.

Key Takeaway

13618 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 13618, NY

How much do homes in 13618, NY cost?

Median Sold Price

$366,250

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$138,750(+61.0%)

Key Takeaway

Homes in 13618 have sold for 61% more than they did a year ago.

Summary: The median home sold price in 13618 was $366,250 in November 2024, up 61% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$410K
N/A
2 $180K$223.5K
+24.2%
3 $257K$380K
+47.9%
4 $245K$395.5K
+61.4%
5+ $220K$542.5K
+146.6%

Summary: 13618 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 47.9%, 4 bedroom homes increased by 61.4%, and 5+ bedroom homes increased by 146.6%.

Housing Supply in 13618, NY

How many homes are available in 13618, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1713-23.5%

Summary: The 13618 real estate market had 13 homes for sale in November 2024, a 23.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 65
-16.7%
4 42
-50.0%
5+ 33
0.0%

Summary: The 13618 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13618, 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 13618 in November 2024, down by 60.0% 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 13618, NY

How long does it take to sell a home in 13618, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days82 Days+194.6%

Summary: Homes in 13618 had an average of 82 days on market in Nov 2024, up by 194.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 13618 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 13618; 0% of homes were sold within 30 days, 100% 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 13618, NY

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