$3,147 Closing Credit*
$265,000
1,930 SqFt
5 Beds
•3 Full Baths
Susan M Lang, Listing Office: Century 21 North East
Is 14218, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$191,250
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,350(+6.3%)
Key Takeaway
Homes in 14218 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 14218 was $191,250 in October 2024, up 6.3% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | $157.5K | +57.5% |
| 3 Bedrooms | $170K | $195.7K | +15.1% |
| 4 Bedrooms | $205.5K | $212.1K | +3.2% |
| 5+ Bedrooms | $215.5K | $191K | -11.4% |
Summary: 14218 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 57.5%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 11.4%.
Housing Supply in 14218, NY
How many homes are available in 14218, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 55 | -26.7% |
Summary: The 14218 real estate market had 55 homes for sale in October 2024, a 26.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 33 | 23 | -30.3% |
| 4 Bedrooms | 18 | 10 | -44.4% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 14218 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 25%, 3 bedroom homes decreased by 30.3%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14218, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 14218 in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 21 Days | +60.3% |
Summary: Homes in 14218 had an average of 21 days on market in Oct 2024, up by 60.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 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 October 2024, 10 homes were sold in 14218; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
