$5,343 Closing Credit*
$449,900
2,112 SqFt
3 Beds
•1 Full Bath, 1 Partial
Harry E Springer, Listing Office: WNY Metro Roberts Realty
Is 14214, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 14214 has remained a Seller's Market.
Key Takeaway
14214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14214, NY
How much do homes in 14214, NY cost?
Median Sold Price
$307,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,500(+2.2%)
Key Takeaway
Homes in 14214 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 14214 was $307,000 in November 2024, up 2.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $149.5K | N/A |
| 2 Bedrooms | $209.2K | $211.7K | +1.2% |
| 3 Bedrooms | $282K | $295K | +4.6% |
| 4 Bedrooms | $301.5K | $344.5K | +14.3% |
| 5+ Bedrooms | $330K | $344K | +4.2% |
Summary: 14214 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 14214, NY
How many homes are available in 14214, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 39 | -4.9% |
Summary: The 14214 real estate market had 39 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The 14214 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14214, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 14214 in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 14214, NY
How long does it take to sell a home in 14214, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 44 Days | +204.3% |
Summary: Homes in 14214 had an average of 44 days on market in Nov 2024, up by 204.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14214 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 14214; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
