Is 14215, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14215 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14215 was a Seller's Market.

Key Takeaway

14215 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 14215, NY

How much do homes in 14215, NY cost?

Median Sold Price

$160,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+11.9%)

Key Takeaway

Homes in 14215 have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in 14215 was $160,000 in October 2024, up 11.9% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K-
N/A
2 $120K$126K
+5.0%
3 $148.6K$154.3K
+3.8%
4 $138.9K$160K
+15.1%
5+ $147.5K$181.5K
+23.1%

Summary: 14215 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 5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Zip Codes

14215
+11.9%
14225
+9.1%
14226
+7.0%
14211
+3.7%
14214
-0.2%

Housing Supply in 14215, NY

How many homes are available in 14215, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1251250.0%

Summary: The 14215 real estate market had 125 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 5051
+2.0%
4 4447
+6.8%
5+ 2421
-12.5%

Summary: The 14215 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 14.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14215, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 14215 in October 2024, down by 9.1% month-over-month. Of the 20 sold homes, 40% were sold under asking, 5% were sold at asking, and 55% were sold over asking.

Days on Market for 14215, NY

How long does it take to sell a home in 14215, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days25 Days-4.8%

Summary: Homes in 14215 had an average of 25 days on market in Oct 2024, down by 4.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14215 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 14215; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% 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 4 Days Ago

Newest Listings in 14215, NY

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