Is 14212, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14212 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14212 was a Seller's Market.

Key Takeaway

14212 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 14212, NY

How much do homes in 14212, NY cost?

Median Sold Price

$147,000

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,500(-3.0%)

Key Takeaway

Homes in 14212 have sold for 3% less than they did a year ago.

Summary: The median home sold price in 14212 was $147,000 in October 2024, down 3% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$45K
N/A
2 $150K$123.5K
-17.7%
3 $162.5K$163.5K
+0.6%
4 $75K$110K
+46.7%
5+ $127.6K$113K
-11.5%

Summary: 14212 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 decreased by 17.7%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Zip Codes

14206
+9.1%
14225
+9.1%
14227
+7.1%
14211
+3.7%
14212
-3.0%

Housing Supply in 14212, NY

How many homes are available in 14212, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The 14212 real estate market had 45 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1414
0.0%
4 812
+50.0%
5+ 1515
0.0%

Summary: The 14212 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14212, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 14212 in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 14212, NY

How long does it take to sell a home in 14212, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days33 Days-5.6%

Summary: Homes in 14212 had an average of 33 days on market in Oct 2024, down by 5.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14212 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 14212; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 14212, NY

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