The story of this market
The typical home in ZIP 12701 sells for about $350,000, or $166 per square foot.
Prices are up +9.7% from a year ago, so sellers still have some momentum. Homes take about 74.5 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $875 a month.
ZIP 12701 — Monticello
The 12701 housing market shows signs of price appreciation with a median sale price of $350,000, though inventory remains very limited. High vacancy rates, largely driven by seasonal usage, characterize the local housing stock. Market data for specific metrics like tax history and detailed school ratings are not currently published at the ZIP level.
This ZIP fits budget-conscious buyers and those seeking a quiet, rural-adjacent environment, as it offers lower home values compared to surrounding regions.
Median prices moved up 9.7% year over year.
Homes spend a median of 75 days on market with 18.5 months of supply — a slower-moving market.
3% of listings have cut prices · homes sell at 97.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 15.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 12701, Sullivan County, NY
Residents have access to primary schools throughout the area, though specific ratings are not provided in current market summaries.
The area features a mix of residential housing and local commercial services, with proximity to major highways facilitating regional access.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
The area provides easy access to major highways, making travel by car straightforward, with some bus service available.
The area offers a serene environment with access to local dining options and a hilly landscape suitable for a quiet, rural-adjacent lifestyle.
The rental market is characterized by a high share of renter-occupied households, with common 1-2 bedroom units and significant seasonal vacancy.
The local economy is supported by a mix of residential services, retail, and institutional facilities including correctional and nursing centers.
The area is served by major highway corridors and limited bus lines, with a reliance on personal vehicles.
Data derived from Census ZCTA 12701 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Features approximately 40 diverse restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.