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 December 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

$185,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+8.8%)

Key Takeaway

Homes in 14304 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 14304 was $185,000 in December 2024, up 8.8% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $65K$80.5K
+23.8%
2 $123.5K$143K
+15.8%
3 $170K$195K
+14.7%
4 $195K$187.7K
-3.7%
5+ $257.5K$219.9K
-14.6%

Summary: 14304 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 14.6%.

Median Sold Price Compared To Nearby Zip Codes

14305
+22.1%
14072
+10.2%
14301
+9.4%
14304
+8.8%
14303
-3.8%

Housing Supply in 14304, NY

How many homes are available in 14304, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10581-22.9%

Summary: The 14304 real estate market had 81 homes for sale in December 2024, a 22.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1711
-35.3%
3 5948
-18.6%
4 1914
-26.3%
5+ 108
-20.0%

Summary: The 14304 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 decreased by 35.3%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2429+20.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 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 may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 14304 in December 2024, up by 20.8% month-over-month. Of the 29 sold homes, 52% were sold under asking, 7% were sold at asking, and 41% 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

Dec 2023Dec 2024CHANGE
16 Days18 Days+15.8%

Summary: Homes in 14304 had an average of 18 days on market in Dec 2024, up by 15.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 29 homes were sold in 14304; 83% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 3% 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 14304, NY

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