Is 14304, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14304 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14304 has remained a Seller's Market.

Key Takeaway

14304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14304, NY

How much do homes in 14304, NY cost?

Median Sold Price

$183,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,625(+6.8%)

Key Takeaway

Homes in 14304 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 14304 was $183,000 in November 2024, up 6.8% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$65K
N/A
2 $120K$146K
+21.7%
3 $170K$192K
+12.9%
4 $192.5K$187.5K
-2.6%
5+ $267.5K$226K
-15.5%

Summary: 14304 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 21.7%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Zip Codes

14301
+22.4%
14305
+17.7%
14072
+11.8%
14304
+6.8%
14303
-1.3%

Housing Supply in 14304, NY

How many homes are available in 14304, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12276-37.7%

Summary: The 14304 real estate market had 76 homes for sale in November 2024, a 37.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1713
-23.5%
3 6840
-41.2%
4 2715
-44.4%
5+ 98
-11.1%

Summary: The 14304 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 41.2%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3422-35.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14304, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 14304 in November 2024, down by 35.3% month-over-month. Of the 22 sold homes, 32% were sold under asking, 14% were sold at asking, and 55% were sold over asking.

Days on Market for 14304, NY

How long does it take to sell a home in 14304, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days14 Days-27.9%

Summary: Homes in 14304 had an average of 14 days on market in Nov 2024, down by 27.9% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14304 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in 14304; 86% of homes were sold within 30 days, 14% 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 2 Days Ago

Newest Listings in 14304, NY

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