Is 14125, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14125 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14125 was a Buyer's Market.

Key Takeaway

14125 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 14125, NY

How much do homes in 14125, NY cost?

Median Sold Price

$155,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$74,000(-32.3%)

Key Takeaway

Homes in 14125 have sold for 32.3% less than they did a year ago.

Summary: The median home sold price in 14125 was $155,000 in October 2024, down 32.3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $220K$94K
-57.3%
3 $247K$162.5K
-34.2%
4 $199.9K$155.5K
-22.2%
5+ $370K$410K
+10.8%

Summary: 14125 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 57.3%, 3 bedroom homes decreased by 34.2%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

14103
+8.8%
14020
+6.3%
14125
-32.3%

Housing Supply in 14125, NY

How many homes are available in 14125, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The 14125 real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 32
-33.3%
4 11
0.0%
5+ 01
+100.0%

Summary: The 14125 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 14125, 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 14125 in October 2024, the same as the previous 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 14125, NY

How long does it take to sell a home in 14125, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days8 Days-79.5%

Summary: Homes in 14125 had an average of 8 days on market in Oct 2024, down by 79.5% compared to last year.

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 14125 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 14125; 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 21 Days Ago

Newest Listings in 14125, NY

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