$2,374 Closing Credit*
$199,900
1,391 SqFt
3 Beds
•1 Full Bath, 1 Partial
Krista Bryk, Listing Office: Century 21 North East
Is 14225, 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, 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
$225,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,750(+8.0%)
Key Takeaway
Homes in 14225 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 14225 was $225,000 in November 2024, up 8% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $176.5K | $182K | +3.1% |
| 3 Bedrooms | $208.2K | $225K | +8.0% |
| 4 Bedrooms | $215K | $230K | +7.0% |
| 5+ Bedrooms | $255K | $295K | +15.7% |
Summary: 14225 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 3.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 109 | -22.1% |
Summary: The 14225 real estate market had 109 homes for sale in November 2024, a 22.1% 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 | 19 | 14 | -26.3% |
| 3 Bedrooms | 80 | 61 | -23.8% |
| 4 Bedrooms | 26 | 21 | -19.2% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 14225 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 26.3%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14225, you could pay more than the asking price. 84.6% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 14225 in November 2024, down by 13.3% month-over-month. Of the 26 sold homes, 15% were sold under asking, 0% were sold at asking, and 85% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 12 Days | -4.7% |
Summary: Homes in 14225 had an average of 12 days on market in Nov 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
25 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 14225 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 14225; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
