$3,266 Closing Credit*
$275,000
933 SqFt
1 Bed
•1 Full Bath, 1 Partial
Amanda L Dopp, Listing Office: Keller Williams Realty WNY
Is 14222, 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, 14222 has remained a Seller's Market.
Key Takeaway
14222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14222, NY
How much do homes in 14222, NY cost?
Median Sold Price
$465,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29,500(-6.0%)
Key Takeaway
Homes in 14222 have sold for 6% less than they did a year ago.
Summary: The median home sold price in 14222 was $465,500 in October 2024, down 6% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $190K | -5.0% |
| 2 Bedrooms | $329.9K | $359K | +8.8% |
| 3 Bedrooms | $615K | $518.5K | -15.7% |
| 4 Bedrooms | $540.3K | $466K | -13.8% |
| 5+ Bedrooms | $500K | $547.5K | +9.5% |
Summary: 14222 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in 14222, NY
How many homes are available in 14222, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 53 | -1.9% |
Summary: The 14222 real estate market had 53 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 16 | 11 | -31.3% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 14222 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 increased by 40%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14222, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 14222 in October 2024, the same as the previous month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for 14222, NY
How long does it take to sell a home in 14222, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 21 Days | -41.9% |
Summary: Homes in 14222 had an average of 21 days on market in Oct 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
6 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 14222 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 14222; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
