Is 13214, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13214 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 13214 has remained a Seller's Market.

Key Takeaway

13214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13214, NY

How much do homes in 13214, NY cost?

Median Sold Price

$295,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+18.0%)

Key Takeaway

Homes in 13214 have sold for 18% more than they did a year ago.

Summary: The median home sold price in 13214 was $295,000 in October 2024, up 18% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $98K$210K
+114.3%
3 $233.7K$281K
+20.2%
4 $267.2K$330K
+23.5%
5+ $345K$355.2K
+3.0%

Summary: 13214 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 114.3%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

13078
+29.4%
13214
+18.0%
13066
+17.2%
13057
+9.5%
13224
-1.9%

Housing Supply in 13214, NY

How many homes are available in 13214, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2321-8.7%

Summary: The 13214 real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1210
-16.7%
4 76
-14.3%
5+ 34
+33.3%

Summary: The 13214 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13214, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 13214 in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 13214, NY

How long does it take to sell a home in 13214, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days14 Days-20.0%

Summary: Homes in 13214 had an average of 14 days on market in Oct 2024, down by 20% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13214 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 13214; 80% of homes were sold within 30 days, 20% 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 21 Days Ago

Newest Listings in 13214, NY

Nearby Markets to 13214, NY