Is 14086, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14086 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14086 has remained a Seller's Market.

Key Takeaway

14086 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14086, NY

How much do homes in 14086, NY cost?

Median Sold Price

$323,166

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,833(-2.1%)

Key Takeaway

Homes in 14086 have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in 14086 was $323,166 in October 2024, down 2.1% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$55K
N/A
2 $254.3K$275.9K
+8.5%
3 $308.2K$350K
+13.5%
4 $432.5K$368.7K
-14.7%
5+ $330K$295K
-10.6%

Summary: 14086 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 increased by 8.5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 10.6%.

Median Sold Price Compared To Nearby Zip Codes

14031
+16.4%
14059
+7.0%
14043
+5.2%
14086
-2.1%

Housing Supply in 14086, NY

How many homes are available in 14086, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
132100-24.2%

Summary: The 14086 real estate market had 100 homes for sale in October 2024, a 24.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2220
-9.1%
3 6448
-25.0%
4 3225
-21.9%
5+ 147
-50.0%

Summary: The 14086 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 decreased by 9.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4033-17.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14086, you could pay more than the asking price. 84.8% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in 14086 in October 2024, down by 17.5% month-over-month. Of the 33 sold homes, 12% were sold under asking, 3% were sold at asking, and 85% were sold over asking.

Days on Market for 14086, NY

How long does it take to sell a home in 14086, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days15 Days-12.3%

Summary: Homes in 14086 had an average of 15 days on market in Oct 2024, down by 12.3% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14086 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in 14086; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 3% 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 4 Days Ago

Newest Listings in 14086, NY

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