$2,339 Closing Credit*
$197,000
1,260 SqFt
3 Beds
•1 Full Bath
Michelle L. Falcone, Listing Office: Harris Wilcox Inc
Is 14416, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 14416 has remained a Neutral Market.
Key Takeaway
14416 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 14416, NY
How much do homes in 14416, NY cost?
Median Sold Price
$197,600
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,600(+23.5%)
Key Takeaway
Homes in 14416 have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in 14416 was $197,600 in October 2024, up 23.5% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $158K | $130K | -17.7% |
| 3 Bedrooms | $225K | $225K | 0.0% |
| 4 Bedrooms | $130K | $195K | +50.0% |
| 5+ Bedrooms | $200K | $278.5K | +39.3% |
Summary: 14416 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 39.3%.
Housing Supply in 14416, NY
How many homes are available in 14416, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The 14416 real estate market had 6 homes for sale in October 2024, a 33.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 14416 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14416, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 14416 in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 14416, NY
How long does it take to sell a home in 14416, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 14 Days | +180.0% |
Summary: Homes in 14416 had an average of 14 days on market in Oct 2024, up by 180% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14416 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 14416; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
