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 October 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

$214,298

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,798(+16.2%)

Key Takeaway

Homes in 13856 have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in 13856 was $214,298 in October 2024, up 16.2% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$215K
N/A
2 $204.5K$334.5K
+63.6%
3 $120K$297.5K
+147.9%
4 $196.2K$172.7K
-12.0%
5+ $57.3K$180K
+214.1%

Summary: 13856 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 63.6%, 3 bedroom homes increased by 147.9%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 214.1%.

Median Sold Price Compared To Nearby Zip Codes

13775
+36.6%
13856
+16.2%
13839
-14.3%

Housing Supply in 13856, NY

How many homes are available in 13856, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
25250.0%

Summary: The 13856 real estate market had 25 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 66
0.0%
3 78
+14.3%
4 77
0.0%
5+ 44
0.0%

Summary: The 13856 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were 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 13856, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 13856 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Oct 2023Oct 2024CHANGE
52 Days258 Days+389.9%

Summary: Homes in 13856 had an average of 258 days on market in Oct 2024, up by 389.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 1 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

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