Is 14103, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14103 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 14103 has remained a Seller's Market.

Key Takeaway

14103 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14103, NY

How much do homes in 14103, NY cost?

Median Sold Price

$156,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$16,000(+11.4%)

Key Takeaway

Homes in 14103 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 14103 was $156,000 in December 2024, up 11.4% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $98.5K-
N/A
2 $80K$107.9K
+34.9%
3 $140K$162.5K
+16.1%
4 $177.5K$185.2K
+4.4%
5+ $85K$129.5K
+52.4%

Summary: 14103 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.9%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 52.4%.

Median Sold Price Compared To Nearby Zip Codes

14105
+14.4%
14103
+11.4%

Housing Supply in 14103, NY

How many homes are available in 14103, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3523-34.3%

Summary: The 14103 real estate market had 23 homes for sale in December 2024, a 34.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 1410
-28.6%
4 148
-42.9%
5+ 11
0.0%

Summary: The 14103 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14103, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 14103 in December 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 14103, NY

How long does it take to sell a home in 14103, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
54 Days41 Days-22.8%

Summary: Homes in 14103 had an average of 41 days on market in Dec 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14103 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 14103; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

Newest Listings in 14103, NY

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