Is Churchville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Churchville was a Buyer's Market.
Key Takeaway
Churchville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Churchville, NY
How much do homes in Churchville, NY cost?
Median Sold Price
$271,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Churchville have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Churchville was $271,000 in May 2024, up 4.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $143K | $180.5K | +26.2% |
| 3 Bedrooms | $247.5K | $265K | +7.1% |
| 4 Bedrooms | $305K | $320K | +4.9% |
| 5+ Bedrooms | $390K | $278K | -28.7% |
Summary: Churchville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 28.7%.
Median Sold Price Compared To Nearby Cities
| Riga | $210.5K | $256K | +21.6% |
| Churchville | $260K | $271K | +4.2% |
Housing Supply in Churchville, NY
How many homes are available in Churchville, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Churchville real estate market had 15 homes for sale in May 2024, a 36.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Churchville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Churchville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Churchville in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Churchville, NY
How long does it take to sell a home in Churchville, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 7 Days | -4.2% |
Summary: Homes in Churchville had an average of 7 days on market in May 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Churchville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Churchville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
