Is 14006, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14006 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14006 has remained a Seller's Market.

Key Takeaway

14006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14006, NY

How much do homes in 14006, NY cost?

Median Sold Price

$176,758

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,242(-1.8%)

Key Takeaway

Homes in 14006 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 14006 was $176,758 in November 2024, down 1.8% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $81.5K$86.2K
+5.8%
2 $153.4K$150.5K
-1.9%
3 $184K$207K
+12.5%
4 $202.1K$287K
+42.0%
5+ $300K$301.9K
+0.6%

Summary: 14006 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 42%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

14047
+4.2%
14006
-1.8%
14057
-1.8%

Housing Supply in 14006, NY

How many homes are available in 14006, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4034-15.0%

Summary: The 14006 real estate market had 34 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 810
+25.0%
3 2112
-42.9%
4 55
0.0%
5+ 66
0.0%

Summary: The 14006 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

4 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 14006, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 14006 in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for 14006, NY

How long does it take to sell a home in 14006, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days12 Days-48.8%

Summary: Homes in 14006 had an average of 12 days on market in Nov 2024, down by 48.8% compared to last year.

Breakdown of Home Sale Times

7 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 14006 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 14006; 88% of homes were sold within 30 days, 13% 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 14006, NY

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