12078 Home Values & Market Trends
There are 40 homes currently listed for 12078. 12078 real estate market trends show that home prices range from $29,000 to $299,900, and the median sales price in the 12078 zip code is $141,809.21. The total number of properties sold within the past twelve months is 501. In 12078, 7 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
12078 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Gloversville | $ 130,723 $ 82/sqft |
Housing Market Summary for 12078
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $128.5K | $133.7K | 4.05% |
| Median Sold Price | $88,505 | $133.7K | 51.06% |
| Homes For Sale | 33 | 35 | 6.06% |
| Homes Sold | 237 | 194 | -18.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in 12078
The median list price of a home in Gloversville, is $141,809.21. A total of 40 properties are for sale, and the percentage of properties for sale in the zip code is 40.00%. The total count of 12078 properties is 7,591.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in 12078 with gloversville containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 12078; of that cities, the estimated home value for pre-foreclosure homes ranges from $292,837 in gloversville to the lowest home value of $124,836 in gloversville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 12078 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 12078. There is 1 cities within 12078; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsgloversville has 2 auction properties, the highest number of properties going to auction in a single city in the state of 12078. Auction homes and other auction properties account for 0.03% of all properties in 12078. There is 1 cities within 12078; of that cities, the median estimated home value for homes going to auction ranges from $144,696 in gloversville to the lowest value of $92,450 in gloversville.
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Guide for 12078
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.