Is 14094, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14094 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14094 has remained a Seller's Market.

Key Takeaway

14094 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14094, NY

How much do homes in 14094, NY cost?

Median Sold Price

$210,000

$146/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 14094 has remained the same since last year.

Summary: The median home sold price in 14094 was $210,000 in November 2024, the same as last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $87K$105K
+20.7%
2 $180K$172.5K
-4.2%
3 $202.5K$235K
+16.0%
4 $259.9K$250K
-3.8%
5+ $230K$192K
-16.5%

Summary: 14094 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

14067
+16.3%
14228
+10.0%
14032
+5.7%
14094
0.0%
14051
-5.8%

Housing Supply in 14094, NY

How many homes are available in 14094, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
189139-26.5%

Summary: The 14094 real estate market had 139 homes for sale in November 2024, a 26.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2720
-25.9%
3 8965
-27.0%
4 5537
-32.7%
5+ 1817
-5.6%

Summary: The 14094 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 25.9%, 3 bedroom homes decreased by 27%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5025-50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14094, 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 14094 in November 2024, down by 50.0% month-over-month. Of the 25 sold homes, 40% were sold under asking, 4% were sold at asking, and 56% were sold over asking.

Days on Market for 14094, NY

How long does it take to sell a home in 14094, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days33 Days+121.6%

Summary: Homes in 14094 had an average of 33 days on market in Nov 2024, up by 121.6% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14094 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in 14094; 64% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 21 Days Ago

Newest Listings in 14094, NY

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