Is 14037, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14037 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 14037 was a Neutral Market.

Key Takeaway

14037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14037, NY

How much do homes in 14037, NY cost?

Median Sold Price

$422,500

$320/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$107,950(-20.4%)

Key Takeaway

Homes in 14037 have sold for 20.4% less than they did a month ago.

Summary: The median home sold price in 14037 was $422,500 in October 2024, down 20.4% from last month, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $530.4K$422.5K
-20.4%
4 --
N/A
5+ --
N/A

Summary: 14037 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 decreased by 20.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14037, NY

How many homes are available in 14037, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
63-50.0%

Summary: The 14037 real estate market had 3 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 21
-50.0%
5+ 00
0.0%

Summary: The 14037 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 14037, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 14037 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14037, NY

How long does it take to sell a home in 14037, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
16 Days32 Days+100.0%

Summary: Homes in 14037 had an average of 32 days on market in Oct 2024, up by 100% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 14037 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 14037; 50% of homes were sold within 30 days, 50% 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 14037, NY

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