12151 Zip Code Real Estate Market Extends Growth Trend in Price Cuts

The number of price cuts in the 12151 zip code market climbed to six over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to two homes sold. Price reductions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. Potential buyers should note that prices are coming down in the 12151 zip code, and for this period the median sales price slid from $260,500 to $251,750. Even after the uptick in sales, an elevated 18 months of inventory tells us that the 12151 zip code is still a definite buyer's market.

These listings in the 12151 zip code recently reduced their price, so be sure to check them out for a potentially great deal:

$274K   $299K   $159K  

Get started right now by checking out 12151 homes for sale or reviewing 12151 real estate trends.

Demographic facts for the 12151 zip code:

  • The rating for this area for population growth is 55. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $20.58/$1,000.
  • People in this area have a commute time breakdown of: <15 min (28.4%), 15-29 min (31.9%), 30-44 min (26.8%), 45-59 min (6.5%), >60 min (6.5%).

Data reported through 10/12/2016

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