$3,324 Closing Credit*
$279,900
1,692 SqFt
3 Beds
•1 Full Bath, 1 Partial
Alex Morlock, Listing Office: Howard Hanna WNY Inc.
Is 14075, 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, 14075 has remained a Seller's Market.
Key Takeaway
14075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14075, NY
How much do homes in 14075, NY cost?
Median Sold Price
$308,125
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,816(+5.8%)
Key Takeaway
Homes in 14075 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 14075 was $308,125 in October 2024, up 5.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168K | $75K | -55.4% |
| 2 Bedrooms | $222K | $247.5K | +11.5% |
| 3 Bedrooms | $275K | $290K | +5.5% |
| 4 Bedrooms | $386.3K | $390K | +0.9% |
| 5+ Bedrooms | $370K | $367.5K | -0.7% |
Summary: 14075 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.4%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Zip Codes
| 14085 | $305K | $345K | +13.1% |
| 14219 | $215K | $237.5K | +10.5% |
| 14127 | $385K | $416K | +8.1% |
| 14075 | $291.3K | $308.1K | +5.8% |
| 14057 | $290K | $277.4K | -4.3% |
Housing Supply in 14075, NY
How many homes are available in 14075, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 115 | -22.8% |
Summary: The 14075 real estate market had 115 homes for sale in October 2024, a 22.8% 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 | 19 | 21 | +10.5% |
| 3 Bedrooms | 77 | 61 | -20.8% |
| 4 Bedrooms | 49 | 31 | -36.7% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 14075 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 increased by 10.5%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 36.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 25 | -45.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14075, you could pay more than the asking price. 56% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 14075 in October 2024, down by 45.7% month-over-month. Of the 25 sold homes, 32% were sold under asking, 12% were sold at asking, and 56% were sold over asking.
Days on Market for 14075, NY
How long does it take to sell a home in 14075, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 22 Days | +35.7% |
Summary: Homes in 14075 had an average of 22 days on market in Oct 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14075 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 14075; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
