$34,900
3.63 Acres
Land
David L Zilker, Listing Office: ERA Team VP Real Estate - Arcade
Is 14042, 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, 14042 has remained a Seller's Market.
Key Takeaway
14042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14042, NY
How much do homes in 14042, NY cost?
Median Sold Price
$191,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,500(+25.2%)
Key Takeaway
Homes in 14042 have sold for 25.2% more than they did a year ago.
Summary: The median home sold price in 14042 was $191,000 in October 2024, up 25.2% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.9K | - | N/A |
| 2 Bedrooms | $137K | $145K | +5.8% |
| 3 Bedrooms | $152K | $176K | +15.8% |
| 4 Bedrooms | $192.5K | $252.4K | +31.1% |
| 5+ Bedrooms | $99K | $275K | +177.8% |
Summary: 14042 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 5.8%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 177.8%.
Median Sold Price Compared To Nearby Zip Codes
| 14042 | $152.5K | $191K | +25.2% |
| 14030 | $195K | $171K | -12.3% |
Housing Supply in 14042, NY
How many homes are available in 14042, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The 14042 real estate market had 7 homes for sale in October 2024, a 30.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 14042 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14042, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 14042 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 14042, NY
How long does it take to sell a home in 14042, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 26 Days | +81.4% |
Summary: Homes in 14042 had an average of 26 days on market in Oct 2024, up by 81.4% compared to last year.
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
Key Takeaway
Many homes in 14042 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 14042; 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.
