Is 14108, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14108 is a seller's market

Buyer's
Market

Difference Since October 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

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+4.5%)

Key Takeaway

Homes in 14108 have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in 14108 was $230,000 in October 2024, up 4.5% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K-
N/A
2 $167.7K$135.5K
-19.2%
3 $247K$219K
-11.3%
4 $220K$233K
+5.9%
5+ $138.5K$255.4K
+84.5%

Summary: 14108 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 decreased by 19.2%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 84.5%.

Median Sold Price Compared To Nearby Zip Codes

14028
+13.1%
14108
+4.5%
14094
0.0%

Housing Supply in 14108, NY

How many homes are available in 14108, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2023+15.0%

Summary: The 14108 real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 88
0.0%
4 78
+14.3%
5+ 55
0.0%

Summary: The 14108 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14108, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 14108 in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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

Oct 2023Oct 2024CHANGE
16 Days30 Days+92.2%

Summary: Homes in 14108 had an average of 30 days on market in Oct 2024, up by 92.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14108 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 14108; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 14108, NY

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