$7,553 Closing Credit*
$636,000
2,770 SqFt
4 Beds
•2 Full Baths, 1 Partial
David J Capretto, Listing Office: Forbes Capretto Homes
Is 14072, 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, 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
$360,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,750(+9.0%)
Key Takeaway
Homes in 14072 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 14072 was $360,000 in October 2024, up 9% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $240K | -23.8% |
| 3 Bedrooms | $315.1K | $333.5K | +5.8% |
| 4 Bedrooms | $393.5K | $423K | +7.5% |
| 5+ Bedrooms | $365K | $407.5K | +11.6% |
Summary: 14072 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 14072, NY
How many homes are available in 14072, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 70 | -11.4% |
Summary: The 14072 real estate market had 70 homes for sale in October 2024, a 11.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 32 | 27 | -15.6% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 14072 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 remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14072, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 14072 in October 2024, down by 14.3% month-over-month. Of the 18 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 14 Days | -9.0% |
Summary: Homes in 14072 had an average of 14 days on market in Oct 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14072 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 14072; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
