$5,071 Closing Credit*
$427,000
2,544 SqFt
4 Beds
•3 Full Baths
Lisa M Serio, Listing Office: HUNT Real Estate Corporation
Is 14221, 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, 14221 has remained a Seller's Market.
Key Takeaway
14221 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14221, NY
How much do homes in 14221, NY cost?
Median Sold Price
$368,101
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,868(+5.1%)
Key Takeaway
Homes in 14221 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 14221 was $368,101 in October 2024, up 5.1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121.5K | $153.5K | +26.3% |
| 2 Bedrooms | $249K | $259K | +4.0% |
| 3 Bedrooms | $325K | $345K | +6.2% |
| 4 Bedrooms | $425K | $442K | +4.0% |
| 5+ Bedrooms | $425K | $480K | +12.9% |
Summary: 14221 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.3%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 14221, NY
How many homes are available in 14221, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 219 | 181 | -17.4% |
Summary: The 14221 real estate market had 181 homes for sale in October 2024, a 17.4% 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 | 53 | 47 | -11.3% |
| 3 Bedrooms | 85 | 64 | -24.7% |
| 4 Bedrooms | 68 | 59 | -13.2% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The 14221 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 11.3%, 3 bedroom homes decreased by 24.7%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 55 | -14.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14221, you could pay more than the asking price. 61.8% of homes here sold above asking price last month.
Summary: A total of 55 homes were sold or pending in 14221 in October 2024, down by 14.1% month-over-month. Of the 55 sold homes, 29% were sold under asking, 9% were sold at asking, and 62% were sold over asking.
Days on Market for 14221, NY
How long does it take to sell a home in 14221, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 30 Days | +63.6% |
Summary: Homes in 14221 had an average of 30 days on market in Oct 2024, up by 63.6% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14221 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 55 homes were sold in 14221; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
