$4,036 Closing Credit*
$339,900
2,048 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sam J. Cretekos, Listing Office: Howard Hanna
Is 14425, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 14425 has remained a Seller's Market.
Key Takeaway
14425 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14425, NY
How much do homes in 14425, NY cost?
Median Sold Price
$348,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,100(+8.8%)
Key Takeaway
Homes in 14425 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 14425 was $348,000 in November 2024, up 8.8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $208K | $329.9K | +58.6% |
| 3 Bedrooms | $289.2K | $307.1K | +6.2% |
| 4 Bedrooms | $345K | $444.5K | +28.9% |
| 5+ Bedrooms | $407.5K | $385K | -5.5% |
Summary: 14425 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Zip Codes
| 14548 | $219.9K | $246K | +11.9% |
| 14564 | $444.9K | $487.5K | +9.6% |
| 14425 | $319.9K | $348K | +8.8% |
| 14522 | $192.2K | $207.2K | +7.8% |
| 14502 | $285.5K | $305K | +6.8% |
Housing Supply in 14425, NY
How many homes are available in 14425, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Summary: The 14425 real estate market had 17 homes for sale in November 2024, a 39.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 15 | 7 | -53.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 14425 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 60%, 3 bedroom homes decreased by 53.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 5 | -61.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14425, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 14425 in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for 14425, NY
How long does it take to sell a home in 14425, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 35 Days | +330.8% |
Summary: Homes in 14425 had an average of 35 days on market in Nov 2024, up by 330.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14425 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 14425; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
