$2,624 Closing Credit*
$221,000
1,280 SqFt
3 Beds
•1 Full Bath
Christine M Noonan, Listing Office: HUNT Real Estate Corporation
Is 14047, 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, 14047 has remained a Seller's Market.
Key Takeaway
14047 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14047, NY
How much do homes in 14047, NY cost?
Median Sold Price
$224,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+4.2%)
Key Takeaway
Homes in 14047 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 14047 was $224,000 in November 2024, up 4.2% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $166.7K | $180.4K | +8.2% |
| 3 Bedrooms | $210K | $224K | +6.7% |
| 4 Bedrooms | $252.5K | $265K | +5.0% |
| 5+ Bedrooms | $235.5K | $195.6K | -16.9% |
Summary: 14047 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 8.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 16.9%.
Median Sold Price Compared To Nearby Zip Codes
| 14085 | $302.5K | $369.7K | +22.2% |
| 14047 | $215K | $224K | +4.2% |
| 14006 | $180K | $176.7K | -1.8% |
| 14057 | $285K | $280K | -1.8% |
Housing Supply in 14047, NY
How many homes are available in 14047, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The 14047 real estate market had 23 homes for sale in November 2024, a 17.9% 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 | 2 | -33.3% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 14047 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 33.3%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14047, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 14047 in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 8 Days | -53.2% |
Summary: Homes in 14047 had an average of 8 days on market in Nov 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14047 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 14047; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
