Is 13685, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13685 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13685 has remained a Seller's Market.

Key Takeaway

13685 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13685, NY

How much do homes in 13685, NY cost?

Median Sold Price

$339,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,500(+15.1%)

Key Takeaway

Homes in 13685 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 13685 was $339,500 in October 2024, up 15.1% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $295K$367.5K
+24.6%
3 $288.3K$323.5K
+12.2%
4 $328.8K$355.9K
+8.2%
5+ $675K$358K
-47.0%

Summary: 13685 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 24.6%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 47%.

Median Sold Price Compared To Nearby Zip Codes

13605
+29.1%
13685
+15.1%
13601
+3.1%
13634
-13.7%

Housing Supply in 13685, NY

How many homes are available in 13685, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The 13685 real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 13685 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 13685, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13685 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 13685, NY

How long does it take to sell a home in 13685, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
2 Days129 Days+6350.0%

Summary: Homes in 13685 had an average of 129 days on market in Oct 2024, up by 6350% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 13685 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 13685; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 23 Days Ago

Newest Listings in 13685, NY

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