$167,000
0.64 Acres
Land
Beth H Klipfel, Listing Office: HUNT Real Estate Corporation
Is 14031, 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, 14031 has remained a Seller's Market.
Key Takeaway
14031 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14031, NY
How much do homes in 14031, NY cost?
Median Sold Price
$525,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,000(+20.7%)
Key Takeaway
Homes in 14031 have sold for 20.7% more than they did a year ago.
Summary: The median home sold price in 14031 was $525,000 in November 2024, up 20.7% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172.7K | $225K | +30.2% |
| 3 Bedrooms | $342.4K | $468K | +36.6% |
| 4 Bedrooms | $675.2K | $633.7K | -6.1% |
| 5+ Bedrooms | $720K | $655K | -9.0% |
Summary: 14031 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 36.6%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 14031, NY
How many homes are available in 14031, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 34 | -39.3% |
Summary: The 14031 real estate market had 34 homes for sale in November 2024, a 39.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 20 | 11 | -45.0% |
| 4 Bedrooms | 27 | 16 | -40.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 14031 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 45%, 4 bedroom homes decreased by 40.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14031, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 14031 in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 14031, NY
How long does it take to sell a home in 14031, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 17 Days | -35.0% |
Summary: Homes in 14031 had an average of 17 days on market in Nov 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14031 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 14031; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
