Is 13620, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13620 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 13620 was a Neutral Market.

Key Takeaway

13620 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13620, NY

How much do homes in 13620, NY cost?

Median Sold Price

$175,000

$112/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$25,000(-12.5%)

Key Takeaway

Homes in 13620 have sold for 12.5% less than they did a month ago.

Summary: The median home sold price in 13620 was $175,000 in October 2024, down 12.5% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $200K$220K
+10.0%
4 -$130K
N/A
5+ --
N/A

Summary: 13620 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

13327
+87.1%
13620
-12.5%

Housing Supply in 13620, NY

How many homes are available in 13620, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The 13620 real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 31
-66.7%
4 13
+200.0%
5+ 11
0.0%

Summary: The 13620 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 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13620, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13620 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 13620, NY

How long does it take to sell a home in 13620, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
1 Day52 Days+5100.0%

Summary: Homes in 13620 had an average of 52 days on market in Oct 2024, up by 5100% compared to last month.

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 13620 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 13620; 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 16 Days Ago

Newest Listings in 13620, NY

Nearby Markets to 13620, NY