$250,000
23.20 Acres
Land
Donald Zappia, Listing Office: eXp Realty
Is 14108, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 14108 has remained a Seller's Market.
Key Takeaway
14108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14108, NY
How much do homes in 14108, NY cost?
Median Sold Price
$230,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$7,500(+3.4%)
Key Takeaway
Homes in 14108 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 14108 was $230,000 in December 2024, up 3.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $176K | $135.5K | -23.0% |
| 3 Bedrooms | $235K | $224.5K | -4.5% |
| 4 Bedrooms | $225K | $230K | +2.2% |
| 5+ Bedrooms | $138.5K | $255.4K | +84.5% |
Summary: 14108 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 decreased by 23%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 84.5%.
Median Sold Price Compared To Nearby Zip Codes
| 14094 | $210K | $218.9K | +4.3% |
| 14108 | $222.5K | $230K | +3.4% |
Housing Supply in 14108, NY
How many homes are available in 14108, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The 14108 real estate market had 17 homes for sale in December 2024, a 15.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 14108 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14108, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 14108 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 14108, NY
How long does it take to sell a home in 14108, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 18 Days | 18 Days | 0.0% |
Summary: Homes in 14108 had an average of 18 days on market in Dec 2024, the same as last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14108 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 14108; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
