North Bay, NY 13123 Real Estate Market Report

ZIP Code: 13123
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code has limited residential inventory. Metrics are based on all available residential property types, so treat conclusions as directional rather than precise.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. median sold price is the primary indicator of market value and recent transaction activity for North Bay (13123), but it is not available in the provided dataset — this absence likely reflects limited ZIP‑level transaction coverage rather than market stability, so use regional comps and qualitative indicators to guide pricing decisions.

2. Recent pricing dynamics show a flat year‑over‑year price trend, which suggests the market is largely stable rather than appreciably appreciating or declining; paired with the lack of a local median sold price, prioritize verified closed comparables when setting offers or listing prices.

3. Liquidity and inventory signals point to a neutral market temperature with what appears to be moderate transaction velocity and flat pricing momentum; this implies sellers should be realistic on list expectations and buyers should expect modest negotiation flexibility.

4. External pressures include elevated interest rate pressure alongside rents that are up, a combination that may cool owner‑occupier demand but support investor interest where cashflow projections are solid — factor financing cost sensitivity into buyer affordability assessments and underwriting.

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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.