Is 14422, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14422 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14422 has remained a Seller's Market.

Key Takeaway

14422 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14422, NY

How much do homes in 14422, NY cost?

Median Sold Price

$245,000

$117/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$65,000(+36.1%)

Key Takeaway

Homes in 14422 have sold for 36.1% more than they did a month ago.

Summary: The median home sold price in 14422 was $245,000 in November 2024, up 36.1% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $110K-
N/A
3 -$305K
N/A
4 $250K-
N/A
5+ -$185K
N/A

Summary: 14422 housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14422, NY

How many homes are available in 14422, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
74-42.9%

Summary: The 14422 real estate market had 4 homes for sale in November 2024, a 42.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 31
-66.7%
4 21
-50.0%
5+ 12
+100.0%

Summary: The 14422 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 decreased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 14422, 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 14422 in November 2024, the same as the previous 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 14422, NY

How long does it take to sell a home in 14422, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days8 Days-20.0%

Summary: Homes in 14422 had an average of 8 days on market in Nov 2024, down by 20% 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 14422 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 14422; 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 3 Days Ago

Newest Listings in 14422, NY

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