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 5 Days Ago

Newest Listings in 13642, NY

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