Is 14055, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14055 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14055 has remained a Seller's Market.

Key Takeaway

14055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14055, NY

How much do homes in 14055, NY cost?

Median Sold Price

$243,833

$199/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$44,167(-15.3%)

Key Takeaway

Homes in 14055 have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in 14055 was $243,833 in November 2024, down 15.3% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $288K$243.8K
-15.3%
4 --
N/A
5+ --
N/A

Summary: 14055 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14055, NY

How many homes are available in 14055, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53-40.0%

Summary: The 14055 real estate market had 3 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 31
-66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The 14055 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14055, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 14055 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14055, NY

How long does it take to sell a home in 14055, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
96 Days7 Days-92.7%

Summary: Homes in 14055 had an average of 7 days on market in Nov 2024, down by 92.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14055 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 14055; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in 14055, NY

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