Is 13114, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13114 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 13114 was a Buyer's Market.

Key Takeaway

13114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13114, NY

How much do homes in 13114, NY cost?

Median Sold Price

$230,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,500(+18.9%)

Key Takeaway

Homes in 13114 have sold for 18.9% more than they did a year ago.

Summary: The median home sold price in 13114 was $230,000 in October 2024, up 18.9% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$105K
N/A
2 $129K$165K
+27.9%
3 $189.9K$217.5K
+14.5%
4 $247.6K$275K
+11.0%
5+ -$300K
N/A

Summary: 13114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

13131
+24.8%
13114
+18.9%
13126
+7.5%
13036
+5.5%
13142
-5.3%

Housing Supply in 13114, NY

How many homes are available in 13114, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2223+4.5%

Summary: The 13114 real estate market had 23 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 78
+14.3%
4 1011
+10.0%
5+ 12
+100.0%

Summary: The 13114 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13114, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 13114 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 13114, NY

How long does it take to sell a home in 13114, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days27 Days-21.6%

Summary: Homes in 13114 had an average of 27 days on market in Oct 2024, down by 21.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 13114 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 13114; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 13114, NY

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