Is 13775, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13775 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13775 has remained a Seller's Market.

Key Takeaway

13775 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13775, NY

How much do homes in 13775, NY cost?

Median Sold Price

$302,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$81,000(+36.6%)

Key Takeaway

Homes in 13775 have sold for 36.6% more than they did a year ago.

Summary: The median home sold price in 13775 was $302,500 in October 2024, up 36.6% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K-
N/A
2 $245K$180K
-26.5%
3 $225K$300K
+33.3%
4 $210K$350K
+66.7%
5+ $168K$277.5K
+65.2%

Summary: 13775 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 decreased by 26.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 65.2%.

Median Sold Price Compared To Nearby Zip Codes

13775
+36.6%
13849
-3.0%
13839
-14.3%

Housing Supply in 13775, NY

How many homes are available in 13775, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The 13775 real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 74
-42.9%
4 12
+100.0%
5+ 12
+100.0%

Summary: The 13775 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 decreased by 50%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13775, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13775 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 13775, NY

How long does it take to sell a home in 13775, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
150 Days44 Days-70.4%

Summary: Homes in 13775 had an average of 44 days on market in Oct 2024, down by 70.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13775 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 13775; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in 13775, NY

Nearby Markets to 13775, NY