$1,366 Closing Credit*
$114,999
1,410 SqFt
4 Beds
•1 Full Bath
Joseph M Tomasello, Listing Office: WNY Metro Roberts Realty
Is 14042, 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, 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
$215,300
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,300(+19.6%)
Key Takeaway
Homes in 14042 have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in 14042 was $215,300 in November 2024, up 19.6% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.9K | - | N/A |
| 2 Bedrooms | $105K | $152.5K | +45.2% |
| 3 Bedrooms | $152.5K | $230K | +50.8% |
| 4 Bedrooms | $200K | $214K | +7.0% |
| 5+ Bedrooms | $99K | $316K | +219.2% |
Summary: 14042 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 45.2%, 3 bedroom homes increased by 50.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 219.2%.
Median Sold Price Compared To Nearby Zip Codes
| 14042 | $180K | $215.3K | +19.6% |
| 14101 | $187.5K | $200K | +6.7% |
| 14030 | $205K | $180.5K | -12.0% |
Housing Supply in 14042, NY
How many homes are available in 14042, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 14042 real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14042 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 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14042, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 14042 in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 21 Days | +323.3% |
Summary: Homes in 14042 had an average of 21 days on market in Nov 2024, up by 323.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were 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 November 2024, 6 homes were sold in 14042; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
