Is 14111, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14111 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 14111 was a Seller's Market.

Key Takeaway

14111 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14111, NY

How much do homes in 14111, NY cost?

Median Sold Price

$325,000

$216/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$123,000(+60.9%)

Key Takeaway

Homes in 14111 have sold for 60.9% more than they did a month ago.

Summary: The median home sold price in 14111 was $325,000 in October 2024, up 60.9% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $202K-
N/A
4 -$325K
N/A
5+ --
N/A

Summary: 14111 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

14081
+200.1%
14111
+60.9%

Housing Supply in 14111, NY

How many homes are available in 14111, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The 14111 real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 23
+50.0%
5+ 01
+100.0%

Summary: The 14111 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14111, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 14111 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14111, NY

How long does it take to sell a home in 14111, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
17 Days6 Days-65.7%

Summary: Homes in 14111 had an average of 6 days on market in Oct 2024, down by 65.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14111 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 14111; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in 14111, NY

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