New Downward Trend in Price Cuts for 12198 Zip Code Real Estate Market

This week in the 12198 zip code market, sales rose to four homes sold over the last 30 days, even with a solid downward trend in price reductions, with four in the same time frame. All indications show that the trend should continue, meaning less price reductions over the next few weeks. Prices are falling in the 12198 zip code, and this period the median price of all sales fell from $199,400 to $136,400. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 12198 zip code is still a solid buyer's market.

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Get started right now by checking out 12198 homes for sale or reviewing 12198 real estate trends.

Demographic facts for the 12198 zip code:

  • The median age of the population is 42 years old.
  • The health cost index score in this area is 104.8. (100 = national average)
  • The commute times can range from: <15 min (24.0%), 15-29 min (55.7%), 30-44 min (14.3%), 45-59 min (3.8%), >60 min (2.2%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
BHG Tech Valley
Snapped 3 homes in this area
Hunt ERA
Snapped 1 home in this area
Field Realty
Snapped 1 home in this area

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