Is 13648, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13648 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 13648 was a Buyer's Market.

Key Takeaway

13648 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 13648, NY

How much do homes in 13648, NY cost?

Median Sold Price

$175,000

$125/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$87,000(+98.9%)

Key Takeaway

Homes in 13648 have sold for 98.9% more than they did a month ago.

Summary: The median home sold price in 13648 was $175,000 in October 2024, up 98.9% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$219K
N/A
4 $88K$162.5K
+84.7%
5+ --
N/A

Summary: 13648 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 did not change, 4 bedroom homes increased by 84.7%, and 5+ bedroom homes did not change.

Housing Supply in 13648, NY

How many homes are available in 13648, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1921+10.5%

Summary: The 13648 real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1011
+10.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 13648 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 20%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13648, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 13648 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 13648, NY

How long does it take to sell a home in 13648, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
2 Days47 Days+2266.7%

Summary: Homes in 13648 had an average of 47 days on market in Oct 2024, up by 2266.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13648 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 13648; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 13648, NY

Nearby Markets to 13648, NY