Is 13803, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13803 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 13803 was a Neutral Market.

Key Takeaway

13803 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13803, NY

How much do homes in 13803, NY cost?

Median Sold Price

$181,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$39,000(-17.7%)

Key Takeaway

Homes in 13803 have sold for 17.7% less than they did a year ago.

Summary: The median home sold price in 13803 was $181,000 in October 2024, down 17.7% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $175K$192.4K
+10.0%
3 $232.5K$158.4K
-31.8%
4 $206.5K$217.5K
+5.3%
5+ $215K$171K
-20.5%

Summary: 13803 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 10%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 20.5%.

Housing Supply in 13803, NY

How many homes are available in 13803, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The 13803 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 32
-33.3%
5+ 21
-50.0%

Summary: The 13803 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 13803, 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 13803 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 13803, NY

How long does it take to sell a home in 13803, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days29 Days-36.6%

Summary: Homes in 13803 had an average of 29 days on market in Oct 2024, down by 36.6% 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 13803 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 13803; 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 5 Days Ago

Newest Listings in 13803, NY

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