Is 14305, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14305 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 14305 has remained a Seller's Market.

Key Takeaway

14305 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14305, NY

How much do homes in 14305, NY cost?

Median Sold Price

$147,125

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,625(+22.1%)

Key Takeaway

Homes in 14305 have sold for 22.1% more than they did a year ago.

Summary: The median home sold price in 14305 was $147,125 in December 2024, up 22.1% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $92K$60K
-34.8%
2 $75K$101.2K
+35.0%
3 $134K$150K
+11.9%
4 $129.2K$125K
-3.3%
5+ $97.5K$209K
+114.4%

Summary: 14305 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.8%, 2 bedroom homes increased by 35%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 114.4%.

Median Sold Price Compared To Nearby Zip Codes

14305
+22.1%
14301
+9.4%
14303
-3.8%

Housing Supply in 14305, NY

How many homes are available in 14305, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7673-3.9%

Summary: The 14305 real estate market had 73 homes for sale in December 2024, a 3.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 1513
-13.3%
3 3335
+6.1%
4 1817
-5.6%
5+ 98
-11.1%

Summary: The 14305 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1016+60.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14305, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 14305 in December 2024, up by 60.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.

Days on Market for 14305, NY

How long does it take to sell a home in 14305, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
25 Days31 Days+27.8%

Summary: Homes in 14305 had an average of 31 days on market in Dec 2024, up by 27.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14305 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 16 homes were sold in 14305; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 14305, NY

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