$3,859 Closing Credit*
$325,000
3,766 SqFt
5 Beds
•3 Full Baths
Michael P Kearns, Listing Office: WNY Metro Roberts Realty
Is 14047, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 14047 was a Seller's Market.
Key Takeaway
14047 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 14047, NY
How much do homes in 14047, NY cost?
Median Sold Price
$220,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,000(+1.9%)
Key Takeaway
Homes in 14047 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 14047 was $220,000 in October 2024, up 1.9% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $166K | $184.9K | +11.4% |
| 3 Bedrooms | $210K | $220K | +4.8% |
| 4 Bedrooms | $265K | $250K | -5.7% |
| 5+ Bedrooms | $280K | $187K | -33.2% |
Summary: 14047 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 11.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 33.2%.
Median Sold Price Compared To Nearby Zip Codes
| 14085 | $305K | $345K | +13.1% |
| 14047 | $216K | $220K | +1.9% |
| 14057 | $290K | $277.4K | -4.3% |
| 14006 | $182K | $173.8K | -4.5% |
Housing Supply in 14047, NY
How many homes are available in 14047, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The 14047 real estate market had 23 homes for sale in October 2024, a 8.0% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 14047 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 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14047, 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 14047 in October 2024, down by 50.0% 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 14047, NY
How long does it take to sell a home in 14047, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 54 Days | +554.0% |
Summary: Homes in 14047 had an average of 54 days on market in Oct 2024, up by 554% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 14047 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 14047; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
