Is 13642, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13642 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13642 has remained a Seller's Market.

Key Takeaway

13642 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13642, NY

How much do homes in 13642, NY cost?

Median Sold Price

$142,100

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,899(-15.4%)

Key Takeaway

Homes in 13642 have sold for 15.4% less than they did a year ago.

Summary: The median home sold price in 13642 was $142,100 in October 2024, down 15.4% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$35.8K
N/A
2 $127.5K$141.8K
+11.3%
3 $163K$173K
+6.1%
4 $200K$70K
-65.0%
5+ $117.5K$165K
+40.4%

Summary: 13642 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 increased by 11.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 65%, and 5+ bedroom homes increased by 40.4%.

Median Sold Price Compared To Nearby Zip Codes

13608
+158.0%
13646
+25.0%
13642
-15.4%

Housing Supply in 13642, NY

How many homes are available in 13642, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1822+22.2%

Summary: The 13642 real estate market had 22 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 88
0.0%
4 45
+25.0%
5+ 46
+50.0%

Summary: The 13642 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 remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13642, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 13642 in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 13642, NY

How long does it take to sell a home in 13642, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
76 Days53 Days-30.0%

Summary: Homes in 13642 had an average of 53 days on market in Oct 2024, down by 30% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13642 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 13642; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 13642, NY

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