$4,144 Closing Credit*
$349,000
1,398 SqFt
2 Beds
•2 Full Baths, 1 Partial
Derrick Deyo, Listing Office: Howard Hanna WNY Inc.
Is 14131, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 14131 was a Seller's Market.
Key Takeaway
14131 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 14131, NY
How much do homes in 14131, NY cost?
Median Sold Price
$277,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+16.9%)
Key Takeaway
Homes in 14131 have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in 14131 was $277,000 in November 2024, up 16.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $240.2K | +41.3% |
| 3 Bedrooms | $173K | $275K | +59.0% |
| 4 Bedrooms | $275.5K | $380K | +37.9% |
| 5+ Bedrooms | $400K | $272.4K | -31.9% |
Summary: 14131 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.3%, 3 bedroom homes increased by 59%, 4 bedroom homes increased by 37.9%, and 5+ bedroom homes decreased by 31.9%.
Housing Supply in 14131, NY
How many homes are available in 14131, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 9 | -47.1% |
Summary: The 14131 real estate market had 9 homes for sale in November 2024, a 47.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 4 | -63.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14131 housing inventory by bedroom type for November 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 63.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14131, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 14131 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 14131, NY
How long does it take to sell a home in 14131, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 48 Days | +77.8% |
Summary: Homes in 14131 had an average of 48 days on market in Nov 2024, up by 77.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 14131 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 14131; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
