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 December 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

$245,369

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,369(+4.4%)

Key Takeaway

Homes in 14043 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 14043 was $245,369 in December 2024, up 4.4% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$115K
N/A
2 $232K$240K
+3.4%
3 $230K$245K
+6.5%
4 $250K$266.2K
+6.5%
5+ $295K$265K
-10.2%

Summary: 14043 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 10.2%.

Median Sold Price Compared To Nearby Zip Codes

14059
+9.3%
14225
+7.1%
14227
+6.4%
14086
+5.2%
14043
+4.4%

Housing Supply in 14043, NY

How many homes are available in 14043, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7854-30.8%

Summary: The 14043 real estate market had 54 homes for sale in December 2024, a 30.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 72
-71.4%
3 5038
-24.0%
4 1411
-21.4%
5+ 73
-57.1%

Summary: The 14043 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 71.4%, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 57.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

13 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. 59.1% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 14043 in December 2024, down by 8.3% month-over-month. Of the 22 sold homes, 32% were sold under asking, 9% were sold at asking, and 59% 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

Dec 2023Dec 2024CHANGE
12 Days13 Days+4.9%

Summary: Homes in 14043 had an average of 13 days on market in Dec 2024, up by 4.9% compared to last year.

Breakdown of Home Sale Times

20 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 December 2024, 22 homes were sold in 14043; 91% of homes were sold within 30 days, 9% 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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