$3,324 Closing Credit*
$279,900
2,024 SqFt
4 Beds
•2 Full Baths
David Serota, Listing Office: Serota Real Estate LLC
Is 14216, 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, 14216 has remained a Seller's Market.
Key Takeaway
14216 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14216, NY
How much do homes in 14216, NY cost?
Median Sold Price
$336,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,500(+8.2%)
Key Takeaway
Homes in 14216 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 14216 was $336,000 in November 2024, up 8.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.9K | $230K | +19.2% |
| 3 Bedrooms | $279.9K | $295K | +5.4% |
| 4 Bedrooms | $340K | $324.5K | -4.6% |
| 5+ Bedrooms | $368.7K | $375K | +1.7% |
Summary: 14216 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 19.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 14216, NY
How many homes are available in 14216, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 53 | -8.6% |
Summary: The 14216 real estate market had 53 homes for sale in November 2024, a 8.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The 14216 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14216, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 14216 in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.
Days on Market for 14216, NY
How long does it take to sell a home in 14216, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 23 Days | -13.0% |
Summary: Homes in 14216 had an average of 23 days on market in Nov 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14216 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 14216; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
