Is 14201, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14201 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14201 was a Seller's Market.

Key Takeaway

14201 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14201, NY

How much do homes in 14201, NY cost?

Median Sold Price

$295,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+3.9%)

Key Takeaway

Homes in 14201 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 14201 was $295,000 in October 2024, up 3.9% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$307.5K
N/A
2 $225K$350K
+55.6%
3 $242K$370K
+52.9%
4 $330K$304.3K
-7.8%
5+ $362K$225K
-37.8%

Summary: 14201 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 55.6%, 3 bedroom homes increased by 52.9%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 37.8%.

Median Sold Price Compared To Nearby Zip Codes

14201
+3.9%
14222
-6.0%

Housing Supply in 14201, NY

How many homes are available in 14201, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3239+21.9%

Summary: The 14201 real estate market had 39 homes for sale in October 2024, a 21.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 35
+66.7%
4 56
+20.0%
5+ 1922
+15.8%

Summary: The 14201 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 25%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14201, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 14201 in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 14201, NY

How long does it take to sell a home in 14201, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days8 Days-55.6%

Summary: Homes in 14201 had an average of 8 days on market in Oct 2024, down by 55.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 14201 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 14201; 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 22 Days Ago

Newest Listings in 14201, NY

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