Is 14423, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14423 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14423 has remained a Seller's Market.

Key Takeaway

14423 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14423, NY

How much do homes in 14423, NY cost?

Median Sold Price

$215,000

$180/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,000(+7.5%)

Key Takeaway

Homes in 14423 have sold for 7.5% more than they did a month ago.

Summary: The median home sold price in 14423 was $215,000 in November 2024, up 7.5% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $215K-
N/A
3 $153K$215K
+40.5%
4 $180K-
N/A
5+ $253K-
N/A

Summary: 14423 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 increased by 40.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14423, NY

How many homes are available in 14423, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
104-60.0%

Summary: The 14423 real estate market had 4 homes for sale in November 2024, a 60.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 54
-20.0%
4 30
-100.0%
5+ 10
-100.0%

Summary: The 14423 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 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14423, 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 14423 in November 2024, down by 85.7% 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 14423, NY

How long does it take to sell a home in 14423, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days8 Days0.0%

Summary: Homes in 14423 had an average of 8 days on market in Nov 2024, the same as last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14423 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 14423; 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 4 Days Ago

Newest Listings in 14423, NY

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