$1,484 Closing Credit*
$125,000
1,625 SqFt
3 Beds
•2 Full Baths
Amanda Taborda, Listing Office: Danahy Real Estate
Is 14207, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 14207 has remained a Seller's Market.
Key Takeaway
14207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14207, NY
How much do homes in 14207, NY cost?
Median Sold Price
$162,500
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$12,500(+8.3%)
Key Takeaway
Homes in 14207 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 14207 was $162,500 in December 2024, up 8.3% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $52K | -68.5% |
| 2 Bedrooms | $92.5K | $148.2K | +60.3% |
| 3 Bedrooms | $145K | $152.5K | +5.2% |
| 4 Bedrooms | $165K | $165K | 0.0% |
| 5+ Bedrooms | $180K | $180K | 0.0% |
Summary: 14207 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.5%, 2 bedroom homes increased by 60.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 14207, NY
How many homes are available in 14207, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 86 | 64 | -25.6% |
Summary: The 14207 real estate market had 64 homes for sale in December 2024, a 25.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 26 | 20 | -23.1% |
| 4 Bedrooms | 28 | 24 | -14.3% |
| 5+ Bedrooms | 27 | 16 | -40.7% |
Summary: The 14207 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 40.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14207, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 14207 in December 2024, down by 10.0% month-over-month. Of the 18 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.
Days on Market for 14207, NY
How long does it take to sell a home in 14207, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 12 Days | 28 Days | +134.7% |
Summary: Homes in 14207 had an average of 28 days on market in Dec 2024, up by 134.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14207 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 18 homes were sold in 14207; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
