$2,672 Closing Credit*
$225,000
1,365 SqFt
3 Beds
•1 Full Bath
Sherry M McDonald, Listing Office: HUNT Real Estate Corporation
Is 14072, 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, 14072 has remained a Seller's Market.
Key Takeaway
14072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14072, NY
How much do homes in 14072, NY cost?
Median Sold Price
$372,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,250(+11.8%)
Key Takeaway
Homes in 14072 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 14072 was $372,000 in November 2024, up 11.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $230K | -27.0% |
| 3 Bedrooms | $324.4K | $337K | +3.9% |
| 4 Bedrooms | $404.2K | $430K | +6.4% |
| 5+ Bedrooms | $292.6K | $423.7K | +44.8% |
Summary: 14072 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 27%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 44.8%.
Housing Supply in 14072, NY
How many homes are available in 14072, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 62 | -23.5% |
Summary: The 14072 real estate market had 62 homes for sale in November 2024, a 23.5% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 38 | 23 | -39.5% |
| 4 Bedrooms | 33 | 27 | -18.2% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 14072 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 25%, 3 bedroom homes decreased by 39.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14072, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 14072 in November 2024, down by 23.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 14072, NY
How long does it take to sell a home in 14072, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 28 Days | +85.3% |
Summary: Homes in 14072 had an average of 28 days on market in Nov 2024, up by 85.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14072 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 14072; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
