$2,968 Closing Credit*
$249,900
3,100 SqFt
5 Beds
•3 Full Baths
Matt LaMarca, Listing Office: eXp Realty
Is 14227, 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, 14227 has remained a Seller's Market.
Key Takeaway
14227 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14227, NY
How much do homes in 14227, NY cost?
Median Sold Price
$248,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+7.1%)
Key Takeaway
Homes in 14227 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 14227 was $248,500 in October 2024, up 7.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $181.2K | +6.6% |
| 2 Bedrooms | $217.5K | $215K | -1.1% |
| 3 Bedrooms | $228K | $240K | +5.3% |
| 4 Bedrooms | $290K | $272.5K | -6.0% |
| 5+ Bedrooms | $253.4K | $307.5K | +21.3% |
Summary: 14227 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 21.3%.
Housing Supply in 14227, NY
How many homes are available in 14227, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 61 | -21.8% |
Summary: The 14227 real estate market had 61 homes for sale in October 2024, a 21.8% 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 | 8 | 2 | -75.0% |
| 3 Bedrooms | 53 | 41 | -22.6% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 14227 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 75%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14227, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 14227 in October 2024, up by 5.3% month-over-month. Of the 20 sold homes, 20% were sold under asking, 5% were sold at asking, and 75% were sold over asking.
Days on Market for 14227, NY
How long does it take to sell a home in 14227, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 18 Days | +67.9% |
Summary: Homes in 14227 had an average of 18 days on market in Oct 2024, up by 67.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14227 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 14227; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
