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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14411 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14411 was a Seller's Market.

Key Takeaway

14411 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14411, NY

How much do homes in 14411, NY cost?

Median Sold Price

$153,050

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,950(-1.3%)

Key Takeaway

Homes in 14411 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 14411 was $153,050 in October 2024, down 1.3% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $37.5K$165K
+340.0%
2 $125K$126.5K
+1.2%
3 $147.5K$159K
+7.8%
4 $174.9K$157.2K
-10.1%
5+ $160K$147K
-8.1%

Summary: 14411 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 340%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 8.1%.

Housing Supply in 14411, NY

How many homes are available in 14411, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2529+16.0%

Summary: The 14411 real estate market had 29 homes for sale in October 2024, a 16.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 1313
0.0%
4 810
+25.0%
5+ 23
+50.0%

Summary: The 14411 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 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. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 14411 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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

Oct 2023Oct 2024CHANGE
24 Days32 Days+35.4%

Summary: Homes in 14411 had an average of 32 days on market in Oct 2024, up by 35.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14411 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 14411; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in 14411, NY

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