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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13620 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 13620 was a Seller's Market.

Key Takeaway

13620 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 13620, NY

How much do homes in 13620, NY cost?

Median Sold Price

$185,000

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,000(+18.6%)

Key Takeaway

Homes in 13620 have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in 13620 was $185,000 in November 2024, up 18.6% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $64.9K-
N/A
2 -$215K
N/A
3 $124K$190K
+53.2%
4 $194.8K$164.2K
-15.7%
5+ $195K$149.9K
-23.1%

Summary: 13620 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 did not change, 3 bedroom homes increased by 53.2%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes decreased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

13620
+18.6%
13367
+17.4%
13619
+11.2%

Housing Supply in 13620, NY

How many homes are available in 13620, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The 13620 real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 21
-50.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The 13620 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were 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 could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 13620 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Nov 2023Nov 2024CHANGE
21 Days48 Days+128.6%

Summary: Homes in 13620 had an average of 48 days on market in Nov 2024, up by 128.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 1 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 17 Days Ago

Newest Listings in 13620, NY

Nearby Markets to 13620, NY