Is 14001, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14001 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14001 was a Seller's Market.

Key Takeaway

14001 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 14001, NY

How much do homes in 14001, NY cost?

Median Sold Price

$335,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+11.7%)

Key Takeaway

Homes in 14001 have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in 14001 was $335,000 in October 2024, up 11.7% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $172.6K$179.9K
+4.2%
3 $300K$362.5K
+20.8%
4 $301K$335K
+11.3%
5+ $340K$325K
-4.4%

Summary: 14001 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 4.2%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

14031
+16.4%
14001
+11.7%
14094
0.0%
14036
-0.5%

Housing Supply in 14001, NY

How many homes are available in 14001, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2824-14.3%

Summary: The 14001 real estate market had 24 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 86
-25.0%
4 77
0.0%
5+ 54
-20.0%

Summary: The 14001 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 12.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14001, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 14001 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 14001, NY

How long does it take to sell a home in 14001, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days25 Days+39.7%

Summary: Homes in 14001 had an average of 25 days on market in Oct 2024, up by 39.7% compared to last year.

Breakdown of Home Sale Times

3 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 14001 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 14001; 75% of homes were sold within 30 days, 25% 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 5 Days Ago

Newest Listings in 14001, NY

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