Is 14428, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14428 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 14428 has remained a Seller's Market.

Key Takeaway

14428 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14428, NY

How much do homes in 14428, NY cost?

Median Sold Price

$284,250

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$3,400(-1.2%)

Key Takeaway

Homes in 14428 have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in 14428 was $284,250 in December 2024, down 1.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $155K$230K
+48.4%
3 $295K$279K
-5.4%
4 $320K$295K
-7.8%
5+ $350K$497.5K
+42.1%

Summary: 14428 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.4%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 42.1%.

Median Sold Price Compared To Nearby Zip Codes

14546
+39.8%
14514
+6.9%
14624
+6.7%
14428
-1.2%

Housing Supply in 14428, NY

How many homes are available in 14428, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1310-23.1%

Summary: The 14428 real estate market had 10 homes for sale in December 2024, a 23.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 51
-80.0%
5+ 00
0.0%

Summary: The 14428 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14428, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 14428 in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 14428, NY

How long does it take to sell a home in 14428, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
10 Days14 Days+40.5%

Summary: Homes in 14428 had an average of 14 days on market in Dec 2024, up by 40.5% compared to last year.

Breakdown of Home Sale Times

3 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 14428 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 14428; 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 2 Days Ago

Newest Listings in 14428, NY

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