$2,671 Closing Credit*
$224,900
1,096 SqFt
3 Beds
•1 Full Bath
Russell M Alaimo, Listing Office: Chubb-Aubrey Leonard Real Estate
Is 14120, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 14120 has remained a Seller's Market.
Key Takeaway
14120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14120, NY
How much do homes in 14120, NY cost?
Median Sold Price
$246,245
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,245(+7.1%)
Key Takeaway
Homes in 14120 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 14120 was $246,245 in October 2024, up 7.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $75K | -43.6% |
| 2 Bedrooms | $169.5K | $189K | +11.5% |
| 3 Bedrooms | $230K | $245K | +6.5% |
| 4 Bedrooms | $302.5K | $326.7K | +8.0% |
| 5+ Bedrooms | $225K | $326.2K | +45.0% |
Summary: 14120 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.6%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 45%.
Housing Supply in 14120, NY
How many homes are available in 14120, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 139 | 123 | -11.5% |
Summary: The 14120 real estate market had 123 homes for sale in October 2024, a 11.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 72 | 58 | -19.4% |
| 4 Bedrooms | 35 | 36 | +2.9% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The 14120 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 19.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14120, you could pay more than the asking price. 79.3% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 14120 in October 2024, down by 12.1% month-over-month. Of the 29 sold homes, 14% were sold under asking, 7% were sold at asking, and 79% were sold over asking.
Days on Market for 14120, NY
How long does it take to sell a home in 14120, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 12 Days | -41.5% |
Summary: Homes in 14120 had an average of 12 days on market in Oct 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14120 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 29 homes were sold in 14120; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
