Is 13856, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13856 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 13856 was a Seller's Market.

Key Takeaway

13856 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 13856, NY

How much do homes in 13856, NY cost?

Median Sold Price

$215,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,050(+13.2%)

Key Takeaway

Homes in 13856 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 13856 was $215,000 in November 2024, up 13.2% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$215K
N/A
2 $204.5K$289K
+41.3%
3 $160K$289.1K
+80.7%
4 $196.2K$137K
-30.2%
5+ $43.6K$201.2K
+361.1%

Summary: 13856 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 increased by 41.3%, 3 bedroom homes increased by 80.7%, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes increased by 361.1%.

Median Sold Price Compared To Nearby Zip Codes

13775
+22.2%
13856
+13.2%
13839
-7.7%
13782
-33.0%

Housing Supply in 13856, NY

How many homes are available in 13856, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2624-7.7%

Summary: The 13856 real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 77
0.0%
3 86
-25.0%
4 77
0.0%
5+ 32
-33.3%

Summary: The 13856 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13856, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 13856 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 13856, NY

How long does it take to sell a home in 13856, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days102 Days+142.9%

Summary: Homes in 13856 had an average of 102 days on market in Nov 2024, up by 142.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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 13856 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in 13856; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in 13856, NY

Nearby Markets to 13856, NY