$4,619 Closing Credit*
$389,000
1,700 SqFt
3 Beds
•2 Full Baths
David Serota, Listing Office: Serota Real Estate LLC
Is 14228, 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, 14228 has remained a Seller's Market.
Key Takeaway
14228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14228, NY
How much do homes in 14228, NY cost?
Median Sold Price
$330,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+11.9%)
Key Takeaway
Homes in 14228 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 14228 was $330,000 in October 2024, up 11.9% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133.5K | $125K | -6.4% |
| 2 Bedrooms | $167K | $177.5K | +6.3% |
| 3 Bedrooms | $310K | $332.5K | +7.3% |
| 4 Bedrooms | $410K | $440K | +7.3% |
| 5+ Bedrooms | $527.5K | $370K | -29.9% |
Summary: 14228 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 29.9%.
Housing Supply in 14228, NY
How many homes are available in 14228, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 65 | +12.1% |
Summary: The 14228 real estate market had 65 homes for sale in October 2024, a 12.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 14228 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 7.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14228, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 14228 in October 2024, up by 85.7% month-over-month. Of the 13 sold homes, 23% were sold under asking, 8% were sold at asking, and 69% were sold over asking.
Days on Market for 14228, NY
How long does it take to sell a home in 14228, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 12 Days | -28.2% |
Summary: Homes in 14228 had an average of 12 days on market in Oct 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
12 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 14228 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 14228; 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.
