$2,849 Closing Credit*
$239,900
1,950 SqFt
4 Beds
•1 Full Bath, 1 Partial
Rita A Zambito, Listing Office: Berkshire Hathaway Homeservices Zambito Realtors
Is 14020, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$170,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,050(+6.3%)
Key Takeaway
Homes in 14020 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 14020 was $170,000 in October 2024, up 6.3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $133.5K | +2.7% |
| 2 Bedrooms | $144.3K | $162.5K | +12.6% |
| 3 Bedrooms | $163.5K | $170K | +4.0% |
| 4 Bedrooms | $158.8K | $175K | +10.1% |
| 5+ Bedrooms | $144.4K | $183K | +26.7% |
Summary: 14020 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 26.7%.
Housing Supply in 14020, NY
How many homes are available in 14020, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 64 | -21.0% |
Summary: The 14020 real estate market had 64 homes for sale in October 2024, a 21.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 38 | 29 | -23.7% |
| 4 Bedrooms | 22 | 15 | -31.8% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 14020 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 23.7%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were 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. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 14020 in October 2024, down by 22.7% month-over-month. Of the 17 sold homes, 24% were sold under asking, 24% were sold at asking, and 53% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +59.4% |
Summary: Homes in 14020 had an average of 21 days on market in Oct 2024, up by 59.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 17 homes were sold in 14020; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
