$4,036 Closing Credit*
$339,900
1,536 SqFt
3 Beds
•2 Full Baths
Lijuan Zhang, Listing Office: Century 21 North East
Is 14051, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 14051 has remained a Seller's Market.
Key Takeaway
14051 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14051, NY
How much do homes in 14051, NY cost?
Median Sold Price
$440,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,500(-1.7%)
Key Takeaway
Homes in 14051 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 14051 was $440,000 in October 2024, down 1.7% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $177K | +10.6% |
| 2 Bedrooms | $207.5K | $254.5K | +22.7% |
| 3 Bedrooms | $350K | $387.5K | +10.7% |
| 4 Bedrooms | $500K | $520K | +4.0% |
| 5+ Bedrooms | $654.5K | $640K | -2.2% |
Summary: 14051 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 14051, NY
How many homes are available in 14051, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 78 | -14.3% |
Summary: The 14051 real estate market had 78 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 9 | -40.0% |
| 3 Bedrooms | 33 | 29 | -12.1% |
| 4 Bedrooms | 32 | 30 | -6.3% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 14051 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 40%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14051, you could pay more than the asking price. 78.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 14051 in October 2024, down by 13.6% month-over-month. Of the 19 sold homes, 21% were sold under asking, 0% were sold at asking, and 79% were sold over asking.
Days on Market for 14051, NY
How long does it take to sell a home in 14051, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 22 Days | +63.6% |
Summary: Homes in 14051 had an average of 22 days on market in Oct 2024, up by 63.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14051 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 14051; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
