$2,968 Closing Credit*
$249,900
1,251 SqFt
3 Beds
•1 Full Bath
Ellen E Leader, Listing Office: Keller Williams Realty
Is 14227, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$250,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,000(+6.4%)
Key Takeaway
Homes in 14227 have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in 14227 was $250,000 in December 2024, up 6.4% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $181.2K | +6.6% |
| 2 Bedrooms | $218K | $202K | -7.3% |
| 3 Bedrooms | $230.5K | $246K | +6.7% |
| 4 Bedrooms | $250K | $277.5K | +11.0% |
| 5+ Bedrooms | $259.9K | $305K | +17.3% |
Summary: 14227 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 17.3%.
Housing Supply in 14227, NY
How many homes are available in 14227, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 62 | 38 | -38.7% |
Summary: The 14227 real estate market had 38 homes for sale in December 2024, a 38.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 42 | 25 | -40.5% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 14227 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40.5%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 15 | -34.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14227, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 14227 in December 2024, down by 34.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 20 Days | 18 Days | -12.3% |
Summary: Homes in 14227 had an average of 18 days on market in Dec 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
14 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 14227 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 15 homes were sold in 14227; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
