$3,859 Closing Credit*
$325,000
2,311 SqFt
6 Beds
•2 Full Baths
Vickie L. Sweet, Listing Office: Howard Hanna
Is 14420, 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, 14420 has remained a Seller's Market.
Key Takeaway
14420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14420, NY
How much do homes in 14420, NY cost?
Median Sold Price
$247,400
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,400(+12.5%)
Key Takeaway
Homes in 14420 have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in 14420 was $247,400 in October 2024, up 12.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.2K | $91K | +6.8% |
| 2 Bedrooms | $145K | $199.5K | +37.6% |
| 3 Bedrooms | $212.5K | $236K | +11.1% |
| 4 Bedrooms | $241K | $251K | +4.1% |
| 5+ Bedrooms | $247.5K | $335K | +35.4% |
Summary: 14420 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 37.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 35.4%.
Median Sold Price Compared To Nearby Zip Codes
| 14420 | $220K | $247.4K | +12.5% |
| 14470 | $180K | $192.5K | +6.9% |
| 14559 | $265K | $277.5K | +4.7% |
| 14468 | $272K | $273.5K | +0.6% |
| 14464 | $215K | $216K | 0.5% |
Housing Supply in 14420, NY
How many homes are available in 14420, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 38 | -20.8% |
Summary: The 14420 real estate market had 38 homes for sale in October 2024, a 20.8% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 14420 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 12.5%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14420, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 14420 in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for 14420, NY
How long does it take to sell a home in 14420, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 5 Days | -56.7% |
Summary: Homes in 14420 had an average of 5 days on market in Oct 2024, down by 56.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14420 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 14420; 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.
