Is 14043, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14043 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14043 has remained a Seller's Market.

Key Takeaway

14043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14043, NY

How much do homes in 14043, NY cost?

Median Sold Price

$245,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+5.2%)

Key Takeaway

Homes in 14043 have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in 14043 was $245,000 in October 2024, up 5.2% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$115K
N/A
2 $222.5K$240K
+7.8%
3 $228.9K$242K
+5.7%
4 $265K$261.2K
-1.4%
5+ $300K$258.5K
-13.8%

Summary: 14043 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 7.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 13.8%.

Median Sold Price Compared To Nearby Zip Codes

14225
+9.1%
14227
+7.1%
14059
+7.0%
14043
+5.2%
14086
-2.1%

Housing Supply in 14043, NY

How many homes are available in 14043, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10075-25.0%

Summary: The 14043 real estate market had 75 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 5444
-18.5%
4 2312
-47.8%
5+ 118
-27.3%

Summary: The 14043 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 8.3%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 47.8%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3215-53.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14043, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in 14043 in October 2024, down by 53.1% month-over-month. Of the 15 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% were sold over asking.

Days on Market for 14043, NY

How long does it take to sell a home in 14043, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days13 Days+26.4%

Summary: Homes in 14043 had an average of 13 days on market in Oct 2024, up by 26.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14043 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 14043; 87% of homes were sold within 30 days, 13% 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 14043, NY

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