12207 ZIP Code Housing Market

Buyer's market-51.6% YoY

$186,250median sale price

Quick answer: The median home sale price in ZIP code 12207 is $186,250, down 51.6% year-over-year. Homes sell in an average of 86 days with 3 active listings. The market is currently a buyer's market.

12207 market data

Current housing market statistics for ZIP code 12207
MetricValue
Median sale price$186,250
Median list price$325,000
Year-over-year price change-51.6%
Average days on market86 days
Active inventory3 listings
Sale-to-list price ratio95.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The 12207 zip code, located in Old Bethpage, NY, is currently classified as a buyer's market. The median sale price stands at $186,250, representing a -51.6% change year over year. Homes in this area spend an average of 86 days on the market before going under contract. There are currently 3 active listings in the area, which influences how much negotiating power buyers and sellers have.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 12207 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

2

Last 12 weeks

Days on market

86

Average pace

Active listings

3

Sale-to-list

95.0%

Below asking

Market trends

Market analysis for 12207

The 12207 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 95.0% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 12207 have declined -51.6% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

1,988

Median income

$58,998/yr

Median age

32 years

Owner-occupied

399.0%

College grads

4830.0%

Living in 12207

Zip code 12207 is home to approximately 1,988 residents. The median household income is $58,998 per year, which shapes the types of homes and amenities available in the area. With a median age of 32 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 399.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 4830.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 12207.

Frequently asked questions about 12207

What is the median home price in 12207?

The current median sale price in 12207 is $186,250, based on recent Redfin transaction data. Prices have changed -51.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 12207 a buyer's or seller's market?

The 12207 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 12207?

Zip code 12207 has a population of approximately 1,988 residents. The median household income is $58,998 per year. About 399.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 12207?

Properties Incorporated provides comprehensive data for 12207 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 12207 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

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