Is 14411, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14411 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14411 has remained a Seller's Market.

Key Takeaway

14411 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14411, NY

How much do homes in 14411, NY cost?

Median Sold Price

$152,500

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,500(-1.6%)

Key Takeaway

Homes in 14411 have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in 14411 was $152,500 in November 2024, down 1.6% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $37.5K$165K
+340.0%
2 $130K$125K
-3.8%
3 $155K$159K
+2.6%
4 $174.9K$158.5K
-9.4%
5+ $162.4K$144K
-11.4%

Summary: 14411 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 340%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 11.4%.

Housing Supply in 14411, NY

How many homes are available in 14411, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3427-20.6%

Summary: The 14411 real estate market had 27 homes for sale in November 2024, a 20.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1711
-35.3%
4 108
-20.0%
5+ 45
+25.0%

Summary: The 14411 housing inventory by bedroom type for November 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 35.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14411, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 14411 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 14411, NY

How long does it take to sell a home in 14411, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
102 Days51 Days-49.6%

Summary: Homes in 14411 had an average of 51 days on market in Nov 2024, down by 49.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 14411 has remained consistent over time.

Summary: During November 2024, 6 homes were sold in 14411; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 27 Days Ago

Newest Listings in 14411, NY

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