Is Wyoming County, 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, Wyoming County was a Neutral Market.
Key Takeaway
Wyoming County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wyoming County, NY
How much do homes in Wyoming County, NY cost?
Median Sold Price
$165,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wyoming County have sold for 10% more than they did a year ago.
Summary: The median home sold price in Wyoming County was $165,000 in May 2024, up 10% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $84.6K | +69.2% |
| 2 Bedrooms | $117.5K | $142.5K | +21.3% |
| 3 Bedrooms | $157.5K | $187K | +18.7% |
| 4 Bedrooms | $164.9K | $166K | +0.7% |
| 5+ Bedrooms | $195K | $225K | +15.4% |
Summary: Wyoming County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.2%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Counties
| Wyoming County | $150K | $165K | +10.0% |
| Livingston County | $192K | $210K | +9.4% |
| Erie County | $244.1K | $251.7K | +3.1% |
| Genesee County | $175.1K | $180K | +2.8% |
| Allegany County | $124.4K | $123K | -1.1% |
Housing Supply in Wyoming County, NY
How many homes are available in Wyoming County, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 | 74 | +2.8% |
Summary: The Wyoming County real estate market had 74 homes for sale in May 2024, a 2.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Wyoming County 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 decreased by 17.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyoming County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Wyoming County in May 2024, down by 6.3% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.
Days on Market for Wyoming County, NY
How long does it take to sell a home in Wyoming County, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 46 Days | +17.1% |
Summary: Homes in Wyoming County had an average of 46 days on market in May 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wyoming County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Wyoming County; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.