Is 14024, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14024 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14024 has remained a Seller's Market.

Key Takeaway

14024 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14024, NY

How much do homes in 14024, NY cost?

Median Sold Price

$243,800

$248/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$101,200(-29.3%)

Key Takeaway

Homes in 14024 have sold for 29.3% less than they did a month ago.

Summary: The median home sold price in 14024 was $243,800 in October 2024, down 29.3% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $450K-
N/A
3 -$243.8K
N/A
4 $240K-
N/A
5+ --
N/A

Summary: 14024 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14024, NY

How many homes are available in 14024, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
75-28.6%

Summary: The 14024 real estate market had 5 homes for sale in October 2024, a 28.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 32
-33.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The 14024 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14024, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 14024 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14024, NY

How long does it take to sell a home in 14024, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days7 Days-30.0%

Summary: Homes in 14024 had an average of 7 days on market in Oct 2024, down by 30% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 14024 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 14024; 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 14024, NY

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