Is 14226, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14226 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14226 has remained a Seller's Market.

Key Takeaway

14226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14226, NY

How much do homes in 14226, NY cost?

Median Sold Price

$288,400

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,900(+7.0%)

Key Takeaway

Homes in 14226 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 14226 was $288,400 in October 2024, up 7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147K$212.5K
+44.6%
2 $190K$215K
+13.2%
3 $267K$275K
+3.0%
4 $345K$339.9K
-1.5%
5+ $506.7K$444.5K
-12.3%

Summary: 14226 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.6%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

14215
+11.9%
14226
+7.0%
14223
+6.4%
14221
+5.1%
14214
-0.2%

Housing Supply in 14226, NY

How many homes are available in 14226, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117105-10.3%

Summary: The 14226 real estate market had 105 homes for sale in October 2024, a 10.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 7058
-17.1%
4 2825
-10.7%
5+ 67
+16.7%

Summary: The 14226 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 15.4%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3024-20.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14226, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 14226 in October 2024, down by 20.0% month-over-month. Of the 24 sold homes, 33% were sold under asking, 4% were sold at asking, and 63% were sold over asking.

Days on Market for 14226, NY

How long does it take to sell a home in 14226, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days11 Days-12.3%

Summary: Homes in 14226 had an average of 11 days on market in Oct 2024, down by 12.3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14226 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 14226; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 14226, NY

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