$2,256 Closing Credit*
$190,000
1,309 SqFt
4 Beds
•1 Full Bath
Kevin D Koszuta, Listing Office: Boulevard Real Estate WNY
Is 14224, 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, 14224 has remained a Seller's Market.
Key Takeaway
14224 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14224, NY
How much do homes in 14224, NY cost?
Median Sold Price
$275,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,500(+9.8%)
Key Takeaway
Homes in 14224 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 14224 was $275,000 in November 2024, up 9.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $176K | $191K | +8.5% |
| 3 Bedrooms | $260K | $285K | +9.6% |
| 4 Bedrooms | $285K | $305K | +7.0% |
| 5+ Bedrooms | $295K | $385K | +30.5% |
Summary: 14224 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 8.5%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 30.5%.
Housing Supply in 14224, NY
How many homes are available in 14224, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 120 | -17.8% |
Summary: The 14224 real estate market had 120 homes for sale in November 2024, a 17.8% 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 | 30 | 31 | +3.3% |
| 3 Bedrooms | 71 | 48 | -32.4% |
| 4 Bedrooms | 39 | 34 | -12.8% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 14224 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 increased by 3.3%, 3 bedroom homes decreased by 32.4%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 28 | -22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14224, you could pay more than the asking price. 67.9% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in 14224 in November 2024, down by 22.2% month-over-month. Of the 28 sold homes, 29% were sold under asking, 4% were sold at asking, and 68% were sold over asking.
Days on Market for 14224, NY
How long does it take to sell a home in 14224, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +19.5% |
Summary: Homes in 14224 had an average of 16 days on market in Nov 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14224 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in 14224; 89% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
