Is 14004, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14004 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14004 has remained a Seller's Market.

Key Takeaway

14004 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14004, NY

How much do homes in 14004, NY cost?

Median Sold Price

$290,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,550(+1.2%)

Key Takeaway

Homes in 14004 have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in 14004 was $290,000 in October 2024, up 1.2% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $215K$150K
-30.2%
3 $280K$281.5K
0.5%
4 $352K$323K
-8.2%
5+ $272.5K$325K
+19.3%

Summary: 14004 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 decreased by 30.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 19.3%.

Median Sold Price Compared To Nearby Zip Codes

14004
+1.2%
14036
-0.5%
14086
-2.1%

Housing Supply in 14004, NY

How many homes are available in 14004, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3426-23.5%

Summary: The 14004 real estate market had 26 homes for sale in October 2024, a 23.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2014
-30.0%
4 66
0.0%
5+ 53
-40.0%

Summary: The 14004 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 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14004, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 14004 in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 14004, NY

How long does it take to sell a home in 14004, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days10 Days-38.1%

Summary: Homes in 14004 had an average of 10 days on market in Oct 2024, down by 38.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14004 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 14004; 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.

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 14004, NY

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