Is 14068, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14068 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14068 has remained a Seller's Market.

Key Takeaway

14068 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14068, NY

How much do homes in 14068, NY cost?

Median Sold Price

$322,500

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$97,500(-23.2%)

Key Takeaway

Homes in 14068 have sold for 23.2% less than they did a year ago.

Summary: The median home sold price in 14068 was $322,500 in November 2024, down 23.2% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150K
N/A
2 $190K$171K
-10.0%
3 $385K$343.7K
-10.7%
4 $480K$483.7K
+0.8%
5+ $599.5K$680K
+13.4%

Summary: 14068 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 decreased by 10%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Zip Codes

14228
+10.0%
14221
+5.7%
14051
-5.8%
14068
-23.2%

Housing Supply in 14068, NY

How many homes are available in 14068, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2012-40.0%

Summary: The 14068 real estate market had 12 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 43
-25.0%
4 94
-55.6%
5+ 11
0.0%

Summary: The 14068 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14068, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 14068 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 14068, NY

How long does it take to sell a home in 14068, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days12 Days-39.6%

Summary: Homes in 14068 had an average of 12 days on market in Nov 2024, down by 39.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were 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 14068 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 14068; 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 14068, NY

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