$2,255 Closing Credit*
$189,900
960 SqFt
2 Beds
•1 Full Bath
Joe Sorrentino Jr, Listing Office: Keller Williams Realty WNY
Is 14217, 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, 14217 has remained a Seller's Market.
Key Takeaway
14217 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14217, NY
How much do homes in 14217, NY cost?
Median Sold Price
$251,601
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$16,601(+7.1%)
Key Takeaway
Homes in 14217 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 14217 was $251,601 in December 2024, up 7.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183K | $200.9K | +9.8% |
| 3 Bedrooms | $227.2K | $250K | +10.0% |
| 4 Bedrooms | $250K | $270K | +8.0% |
| 5+ Bedrooms | $270K | $290K | +7.4% |
Summary: 14217 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 14217, NY
How many homes are available in 14217, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 68 | 37 | -45.6% |
Summary: The 14217 real estate market had 37 homes for sale in December 2024, a 45.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 37 | 20 | -45.9% |
| 4 Bedrooms | 17 | 8 | -52.9% |
| 5+ Bedrooms | 7 | 3 | -57.1% |
Summary: The 14217 housing inventory by bedroom type for December 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 decreased by 45.9%, 4 bedroom homes decreased by 52.9%, and 5+ bedroom homes decreased by 57.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14217, you could pay more than the asking price. 81.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 14217 in December 2024, down by 27.3% month-over-month. Of the 16 sold homes, 13% were sold under asking, 6% were sold at asking, and 81% were sold over asking.
Days on Market for 14217, NY
How long does it take to sell a home in 14217, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 15 Days | 14 Days | -2.0% |
Summary: Homes in 14217 had an average of 14 days on market in Dec 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14217 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in 14217; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
