Is 14418, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14418 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 14418 was a Neutral Market.

Key Takeaway

14418 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14418, NY

How much do homes in 14418, NY cost?

Median Sold Price

$239,500

$216/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$5,500(-2.2%)

Key Takeaway

Homes in 14418 have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in 14418 was $239,500 in October 2024, down 2.2% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$131K
N/A
3 $245K$348K
+42.0%
4 --
N/A
5+ --
N/A

Summary: 14418 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 42%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

14418
-2.2%
14478
-51.6%

Housing Supply in 14418, NY

How many homes are available in 14418, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The 14418 real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 14418 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14418, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 14418 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14418, NY

How long does it take to sell a home in 14418, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
4 Days5 Days+25.0%

Summary: Homes in 14418 had an average of 5 days on market in Oct 2024, up by 25% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14418 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 14418; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 14418, NY

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