Is 14012, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14012 is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, 14012 has remained a Neutral Market.

Key Takeaway

14012 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 14012, NY

How much do homes in 14012, NY cost?

Median Sold Price

$245,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,000(+34.6%)

Key Takeaway

Homes in 14012 have sold for 34.6% more than they did a year ago.

Summary: The median home sold price in 14012 was $245,000 in November 2024, up 34.6% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$200K
N/A
2 $177.5K$191K
+7.6%
3 $188.8K$266K
+40.9%
4 $170K-
N/A
5+ $161.9K$202.3K
+25.0%

Summary: 14012 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 7.6%, 3 bedroom homes increased by 40.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Zip Codes

14098
+47.8%
14012
+34.6%
14105
+25.3%
14067
+16.3%

Housing Supply in 14012, NY

How many homes are available in 14012, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The 14012 real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 10
-100.0%
5+ 33
0.0%

Summary: The 14012 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was 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 14012, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 14012 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 14012, NY

How long does it take to sell a home in 14012, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days99 Days+85.0%

Summary: Homes in 14012 had an average of 99 days on market in Nov 2024, up by 85% 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 14012 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 14012; 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 21 Days Ago

Newest Listings in 14012, NY

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