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 October 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

$141,000

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+11.0%)

Key Takeaway

Homes in 13838 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 13838 was $141,000 in October 2024, up 11% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $110K$110K
0.0%
3 $122.5K$143.5K
+17.1%
4 $165K$141.2K
-14.4%
5+ $106K$208.2K
+96.5%

Summary: 13838 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 did not change, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 96.5%.

Median Sold Price Compared To Nearby Zip Codes

13838
+11.0%
13849
-3.0%

Housing Supply in 13838, NY

How many homes are available in 13838, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1115+36.4%

Summary: The 13838 real estate market had 15 homes for sale in October 2024, a 36.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 65
-16.7%
3 47
+75.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The 13838 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were 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 13838, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 13838 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2023Oct 2024CHANGE
9 Days9 Days+5.6%

Summary: Homes in 13838 had an average of 9 days on market in Oct 2024, up by 5.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 2 homes were sold in 13838; 100% of homes were sold within 30 days, 0% 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 13838, NY

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