Is 13691, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13691 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 13691 has remained a Seller's Market.

Key Takeaway

13691 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13691, NY

How much do homes in 13691, NY cost?

Median Sold Price

$202,860

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,390(-7.9%)

Key Takeaway

Homes in 13691 have sold for 7.9% less than they did a year ago.

Summary: The median home sold price in 13691 was $202,860 in November 2024, down 7.9% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K-
N/A
2 $200K$130K
-35.0%
3 $266.2K$215K
-19.2%
4 $133.5K$340K
+154.7%
5+ $285.5K$212K
-25.7%

Summary: 13691 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 154.7%, and 5+ bedroom homes decreased by 25.7%.

Median Sold Price Compared To Nearby Zip Codes

13673
+16.3%
13691
-7.9%

Housing Supply in 13691, NY

How many homes are available in 13691, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The 13691 real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 63
-50.0%
4 56
+20.0%
5+ 22
0.0%

Summary: The 13691 housing inventory by bedroom type for November 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 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was 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 13691, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 13691 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 13691, NY

How long does it take to sell a home in 13691, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days154 Days+186.4%

Summary: Homes in 13691 had an average of 154 days on market in Nov 2024, up by 186.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 13691 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 13691; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 13691, NY

Nearby Markets to 13691, NY