Is Evans, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Evans has remained a Seller's Market.
Key Takeaway
Evans is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Evans, NY
How much do homes in Evans, NY cost?
Median Sold Price
$203,225
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Evans have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Evans was $203,225 in May 2024, up 7.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95.7K | $81.5K | -14.8% |
| 2 Bedrooms | $156K | $160K | +2.6% |
| 3 Bedrooms | $190K | $210K | +10.5% |
| 4 Bedrooms | $231.9K | $247.5K | +6.7% |
| 5+ Bedrooms | $170.5K | $285K | +67.2% |
Summary: Evans housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.8%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 67.2%.
Median Sold Price Compared To Nearby Cities
| Lake View | $285K | $315K | +10.5% |
| Derby | $200.5K | $218K | +8.7% |
| Evans | $189K | $203.2K | +7.5% |
| Angola | $170K | $175K | +2.9% |
Housing Supply in Evans, NY
How many homes are available in Evans, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 65 | 63 | -3.1% |
Summary: The Evans real estate market had 63 homes for sale in May 2024, a 3.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Evans housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Evans, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Evans in May 2024, down by 7.1% month-over-month. Of the 13 sold homes, 23% were sold under asking, 8% were sold at asking, and 69% were sold over asking.
Days on Market for Evans, NY
How long does it take to sell a home in Evans, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 15 Days | -62.0% |
Summary: Homes in Evans had an average of 15 days on market in May 2024, down by 62% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Evans are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Evans; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
