$2,838 Closing Credit*
$239,000
1,290 SqFt
4 Beds
•2 Full Baths
Chad Mahoney, Listing Office: Prestige Family Realty
Is 14220, 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, 14220 has remained a Seller's Market.
Key Takeaway
14220 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14220, NY
How much do homes in 14220, NY cost?
Median Sold Price
$219,950
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,950(+10.0%)
Key Takeaway
Homes in 14220 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 14220 was $219,950 in November 2024, up 10% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $128.5K | -14.3% |
| 3 Bedrooms | $200K | $222K | +11.0% |
| 4 Bedrooms | $202.5K | $208K | +2.7% |
| 5+ Bedrooms | $200K | $240K | +20.0% |
Summary: 14220 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 decreased by 14.3%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 20%.
Housing Supply in 14220, NY
How many homes are available in 14220, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 75 | -17.6% |
Summary: The 14220 real estate market had 75 homes for sale in November 2024, a 17.6% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 37 | 31 | -16.2% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 27 | 21 | -22.2% |
Summary: The 14220 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 50%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14220, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 14220 in November 2024, up by 33.3% month-over-month. Of the 20 sold homes, 25% were sold under asking, 5% were sold at asking, and 70% were sold over asking.
Days on Market for 14220, NY
How long does it take to sell a home in 14220, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 14 Days | -12.5% |
Summary: Homes in 14220 had an average of 14 days on market in Nov 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14220 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 14220; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
