Is 14174, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14174 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14174 has remained a Seller's Market.

Key Takeaway

14174 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14174, NY

How much do homes in 14174, NY cost?

Median Sold Price

$312,750

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,800(+7.9%)

Key Takeaway

Homes in 14174 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 14174 was $312,750 in October 2024, up 7.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$259K
N/A
2 $235K$261.2K
+11.2%
3 $285K$331.2K
+16.2%
4 $337.5K$310.5K
-8.0%
5+ $439.9K$495K
+12.5%

Summary: 14174 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 increased by 11.2%, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

14092
+13.0%
14131
+10.8%
14174
+7.9%

Housing Supply in 14174, NY

How many homes are available in 14174, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2023+15.0%

Summary: The 14174 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 22
0.0%
2 35
+66.7%
3 76
-14.3%
4 57
+40.0%
5+ 33
0.0%

Summary: The 14174 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 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14174, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 14174 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for 14174, NY

How long does it take to sell a home in 14174, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days46 Days+69.7%

Summary: Homes in 14174 had an average of 46 days on market in Oct 2024, up by 69.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14174 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 14174; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 25 Days Ago

Newest Listings in 14174, NY

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