Is 14032, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14032 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14032 has remained a Seller's Market.

Key Takeaway

14032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14032, NY

How much do homes in 14032, NY cost?

Median Sold Price

$560,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,500(+7.2%)

Key Takeaway

Homes in 14032 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 14032 was $560,000 in October 2024, up 7.2% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $465K$520K
+11.8%
3 $401.5K$427.5K
+6.5%
4 $605K$642.5K
+6.2%
5+ $725K$880K
+21.4%

Summary: 14032 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

14031
+16.4%
14001
+11.7%
14032
+7.2%
14094
0.0%
14051
-1.7%

Housing Supply in 14032, NY

How many homes are available in 14032, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2823-17.9%

Summary: The 14032 real estate market had 23 homes for sale in October 2024, a 17.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 98
-11.1%
4 1410
-28.6%
5+ 12
+100.0%

Summary: The 14032 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 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14032, 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 14032 in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14032, NY

How long does it take to sell a home in 14032, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days19 Days+195.5%

Summary: Homes in 14032 had an average of 19 days on market in Oct 2024, up by 195.5% 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 14032 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 14032; 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 4 Days Ago

Newest Listings in 14032, NY

Nearby Markets to 14032, NY