$1,959 Closing Credit*
$165,000
1,300 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ryan Pyatt, Listing Office: Keller Williams Realty Lancaster
Is 14020, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 14020 has remained a Seller's Market.
Key Takeaway
14020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14020, NY
How much do homes in 14020, NY cost?
Median Sold Price
$177,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,075(+12.1%)
Key Takeaway
Homes in 14020 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 14020 was $177,000 in November 2024, up 12.1% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $97K | -25.4% |
| 2 Bedrooms | $153.7K | $169K | +9.9% |
| 3 Bedrooms | $165K | $174.9K | +6.0% |
| 4 Bedrooms | $151K | $189K | +25.2% |
| 5+ Bedrooms | $130K | $189K | +45.4% |
Summary: 14020 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 45.4%.
Housing Supply in 14020, NY
How many homes are available in 14020, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 65 | -8.5% |
Summary: The 14020 real estate market had 65 homes for sale in November 2024, a 8.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 14020 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14020, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 14020 in November 2024, down by 5.9% month-over-month. Of the 16 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% were sold over asking.
Days on Market for 14020, NY
How long does it take to sell a home in 14020, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 27 Days | +58.3% |
Summary: Homes in 14020 had an average of 27 days on market in Nov 2024, up by 58.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14020 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 14020; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
