Is 13838, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13838 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 13838 was a Seller's Market.

Key Takeaway

13838 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 13838, NY

How much do homes in 13838, NY cost?

Median Sold Price

$136,250

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,350(+4.9%)

Key Takeaway

Homes in 13838 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 13838 was $136,250 in November 2024, up 4.9% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $135K$96K
-28.9%
3 $127K$145K
+14.2%
4 $150K$186.2K
+24.2%
5+ $106K$208.2K
+96.5%

Summary: 13838 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 28.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 96.5%.

Median Sold Price Compared To Nearby Zip Codes

13838
+4.9%
13733
+4.8%

Housing Supply in 13838, NY

How many homes are available in 13838, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The 13838 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 88
0.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The 13838 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 13838, 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 13838 in November 2024, the same as the previous 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 13838, NY

How long does it take to sell a home in 13838, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days64 Days+37.6%

Summary: Homes in 13838 had an average of 64 days on market in Nov 2024, up by 37.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13838 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 13838; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in 13838, NY

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