12970 ZIP Code Housing Market

Balanced market+597.7% YoY

$1.50Mmedian sale price

Quick answer: The median home sale price in ZIP code 12970 is $1.50M, up 597.7% year-over-year. Homes sell in an average of 42 days with 1 active listings. The market is currently a balanced market.

12970 market data

Current housing market statistics for ZIP code 12970
MetricValue
Median sale price$1.50M
Year-over-year price change+597.7%
Average days on market42 days
Active inventory1 listings
Sale-to-list price ratio100.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The 12970 zip code, located in Old Bethpage, NY, is currently classified as a balanced market. The median sale price stands at $1.50M, representing a +597.7% change year over year. Homes in this area spend an average of 42 days on the market before going under contract. There are currently 1 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 12970 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

1

Last 12 weeks

Days on market

42

Average pace

Active listings

1

Sale-to-list

100.0%

Above asking

Market trends

Market analysis for 12970

The 12970 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.0% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 12970 have increased +597.7% compared to last year, suggesting continued demand and potential for further appreciation. 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.

The Zillow Home Value Index (ZHVI) for 12970 stands at $305,483, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Community profile

Population

1,084

Median income

$84,250/yr

Median age

21.5 years

Owner-occupied

6422.0%

College grads

4853.0%

Living in 12970

Zip code 12970 is home to approximately 1,084 residents. The median household income is $84,250 per year, which shapes the types of homes and amenities available in the area. With a median age of 21.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 6422.0% 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 4853.0% 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 12970.

Frequently asked questions about 12970

What is the median home price in 12970?

The current median sale price in 12970 is $1.50M, based on recent Redfin transaction data. Prices have changed +597.7% 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 12970 a buyer's or seller's market?

The 12970 zip code is currently classified as a balanced 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 12970?

Zip code 12970 has a population of approximately 1,084 residents. The median household income is $84,250 per year. About 6422.0% 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 12970?

Properties Incorporated provides comprehensive data for 12970 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 12970 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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