Is 14202, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14202 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 14202 has remained a Buyer's Market.

Key Takeaway

14202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14202, NY

How much do homes in 14202, NY cost?

Median Sold Price

$889,500

$244/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$694,875(+357.0%)

Key Takeaway

Homes in 14202 have sold for 357% more than they did a month ago.

Summary: The median home sold price in 14202 was $889,500 in October 2024, up 357% from last month, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $194.6K-
N/A
2 --
N/A
3 -$889.5K
N/A
4 --
N/A
5+ --
N/A

Summary: 14202 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

14202
+357.0%
14209
+98.7%

Housing Supply in 14202, NY

How many homes are available in 14202, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2627+3.8%

Summary: The 14202 real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 76
-14.3%
2 1415
+7.1%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 14202 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14202, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 14202 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 14202, NY

How long does it take to sell a home in 14202, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
91 Days40 Days-56.0%

Summary: Homes in 14202 had an average of 40 days on market in Oct 2024, down by 56% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 14202 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 14202; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in 14202, NY

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