Is 13624, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13624 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 13624 was a Seller's Market.

Key Takeaway

13624 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 13624, NY

How much do homes in 13624, NY cost?

Median Sold Price

$310,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,750(+0.9%)

Key Takeaway

Homes in 13624 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 13624 was $310,000 in October 2024, up 0.9% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $277.5K$442.5K
+59.5%
2 $180K$295.5K
+64.2%
3 $234K$265K
+13.2%
4 $337.5K$550K
+63.0%
5+ $552K$276.9K
-49.8%

Summary: 13624 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.5%, 2 bedroom homes increased by 64.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 63%, and 5+ bedroom homes decreased by 49.8%.

Median Sold Price Compared To Nearby Zip Codes

13618
+63.6%
13656
+16.7%
13624
+0.9%

Housing Supply in 13624, NY

How many homes are available in 13624, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3224-25.0%

Summary: The 13624 real estate market had 24 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 75
-28.6%
3 107
-30.0%
4 76
-14.3%
5+ 64
-33.3%

Summary: The 13624 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 decreased by 28.6%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

4 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 13624, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 13624 in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 13624, NY

How long does it take to sell a home in 13624, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days25 Days-44.2%

Summary: Homes in 13624 had an average of 25 days on market in Oct 2024, down by 44.2% compared to last year.

Breakdown of Home Sale Times

2 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

Many homes in 13624 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 13624; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 13624, NY

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