North Bay, NY 13123 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The median sold price is the primary indicator of market value and recent transaction activity; current market signals show a up price year-over-year trend, which supports modest appreciation pressure on realized sale values.
2. The market temperature: neutral suggests a balanced transactional environment where pricing friction and buyer/seller negotiation remain important; given this balance, expect relatively measured sale velocity and persistent sensitivity to listing price versus representative recent sale outcomes. neutral
3. The interest rate pressure: moderate is constraining affordability for some buyers and should be assessed alongside prevailing financing costs — Current 30-year fixed mortgage rates in North Bay NY are averaging 6.53%, reflecting elevated borrowing costs that may temper buyer urgency and extend time-to-contract for marginal buyers. moderate
4. The rent year-over-year trend: up indicates strengthening rental market fundamentals that may support longer-term investor interest in SFR and condominium assets, but investors should weigh rising rents against the moderate interest rate environment and the market's neutral temperature when underwriting acquisitions.

Notable Properties

The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.