$4,097 Closing Credit*
$345,000
1,367 SqFt
2 Beds
•2 Full Baths
Fiona Byrne, Listing Office: Schneider Real Estate Services LLC
Is 14218, 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, 14218 has remained a Seller's Market.
Key Takeaway
14218 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14218, NY
How much do homes in 14218, NY cost?
Median Sold Price
$200,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+14.3%)
Key Takeaway
Homes in 14218 have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in 14218 was $200,000 in November 2024, up 14.3% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | $170K | +70.0% |
| 3 Bedrooms | $170K | $200K | +17.6% |
| 4 Bedrooms | $187.5K | $235K | +25.3% |
| 5+ Bedrooms | $199.9K | $205K | +2.5% |
Summary: 14218 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 70%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 14218, NY
How many homes are available in 14218, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 52 | -18.8% |
Summary: The 14218 real estate market had 52 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 25 | 17 | -32.0% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The 14218 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 increased by 25%, 3 bedroom homes decreased by 32%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14218, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 14218 in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 9% were sold under asking, 9% were sold at asking, and 82% were sold over asking.
Days on Market for 14218, NY
How long does it take to sell a home in 14218, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 8 Days | -74.8% |
Summary: Homes in 14218 had an average of 8 days on market in Nov 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14218 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 14218; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
