Is 14063, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14063 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 14063 was a Seller's Market.

Key Takeaway

14063 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 14063, NY

How much do homes in 14063, NY cost?

Median Sold Price

$177,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,000(+1.1%)

Key Takeaway

Homes in 14063 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 14063 was $177,000 in November 2024, up 1.1% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $98.5K-
N/A
2 $112.8K$132.4K
+17.4%
3 $172.5K$184.9K
+7.2%
4 $182.7K$180K
-1.5%
5+ $231.6K$175K
-24.4%

Summary: 14063 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 17.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 24.4%.

Median Sold Price Compared To Nearby Zip Codes

14063
+1.1%
14048
-4.9%
14716
-12.9%

Housing Supply in 14063, NY

How many homes are available in 14063, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4638-17.4%

Summary: The 14063 real estate market had 38 homes for sale in November 2024, a 17.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 31
-66.7%
3 1515
0.0%
4 1813
-27.8%
5+ 98
-11.1%

Summary: The 14063 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14063, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 14063 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 14063, NY

How long does it take to sell a home in 14063, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days87 Days+202.3%

Summary: Homes in 14063 had an average of 87 days on market in Nov 2024, up by 202.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 14063 has remained consistent over time.

Summary: During November 2024, 6 homes were sold in 14063; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

Newest Listings in 14063, NY

Nearby Markets to 14063, NY