$2,672 Closing Credit*
$225,000
1,628 SqFt
3 Beds
•1 Full Bath
Robyn Sansone, Listing Office: WNYbyOwner.com
Is 14225, 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, 14225 has remained a Seller's Market.
Key Takeaway
14225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14225, NY
How much do homes in 14225, NY cost?
Median Sold Price
$223,750
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,750(+9.1%)
Key Takeaway
Homes in 14225 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 14225 was $223,750 in October 2024, up 9.1% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $174.9K | 0% |
| 3 Bedrooms | $205K | $225K | +9.8% |
| 4 Bedrooms | $208.2K | $235K | +12.8% |
| 5+ Bedrooms | $255K | $295K | +15.7% |
Summary: 14225 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 did not change, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 14225, NY
How many homes are available in 14225, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 156 | 124 | -20.5% |
Summary: The 14225 real estate market had 124 homes for sale in October 2024, a 20.5% 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 | 20 | 18 | -10.0% |
| 3 Bedrooms | 80 | 73 | -8.8% |
| 4 Bedrooms | 40 | 20 | -50.0% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The 14225 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 10%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 26 | -49.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14225, you could pay more than the asking price. 80.8% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 14225 in October 2024, down by 49.0% month-over-month. Of the 26 sold homes, 19% were sold under asking, 0% were sold at asking, and 81% were sold over asking.
Days on Market for 14225, NY
How long does it take to sell a home in 14225, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 16 Days | +29.7% |
Summary: Homes in 14225 had an average of 16 days on market in Oct 2024, up by 29.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14225 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 14225; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
