Is 14011, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14011 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 14011 has remained a Seller's Market.

Key Takeaway

14011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14011, NY

How much do homes in 14011, NY cost?

Median Sold Price

$227,500

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$42,000(+22.6%)

Key Takeaway

Homes in 14011 have sold for 22.6% more than they did a year ago.

Summary: The median home sold price in 14011 was $227,500 in December 2024, up 22.6% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $146.9K$162.5K
+10.6%
3 $167K$225K
+34.7%
4 $172.5K$285K
+65.2%
5+ $280K$165K
-41.1%

Summary: 14011 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 34.7%, 4 bedroom homes increased by 65.2%, and 5+ bedroom homes decreased by 41.1%.

Median Sold Price Compared To Nearby Zip Codes

14040
+60.5%
14011
+22.6%

Housing Supply in 14011, NY

How many homes are available in 14011, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
166-62.5%

Summary: The 14011 real estate market had 6 homes for sale in December 2024, a 62.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 30
-100.0%
3 51
-80.0%
4 74
-42.9%
5+ 11
0.0%

Summary: The 14011 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 80%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14011, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 14011 in December 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 14011, NY

How long does it take to sell a home in 14011, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days14 Days-50.0%

Summary: Homes in 14011 had an average of 14 days on market in Dec 2024, down by 50% 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 14011 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 14011; 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 8 Days Ago

Newest Listings in 14011, NY

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