Is 14432, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14432 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 14432 was a Buyer's Market.

Key Takeaway

14432 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14432, NY

How much do homes in 14432, NY cost?

Median Sold Price

$240,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+6.7%)

Key Takeaway

Homes in 14432 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 14432 was $240,000 in December 2024, up 6.7% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$121.6K
N/A
2 $204.5K$265K
+29.6%
3 $190K$230K
+21.1%
4 $238K$257.5K
+8.2%
5+ $395K$304K
-23.0%

Summary: 14432 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 29.6%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 23%.

Median Sold Price Compared To Nearby Zip Codes

14532
+33.3%
14513
+12.1%
14548
+11.3%
14432
+6.7%

Housing Supply in 14432, NY

How many homes are available in 14432, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
129-25.0%

Summary: The 14432 real estate market had 9 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 10
-100.0%
3 32
-33.3%
4 77
0.0%
5+ 00
0.0%

Summary: The 14432 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, 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

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 14432, 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 14432 in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 14432, NY

How long does it take to sell a home in 14432, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
6 Days23 Days+288.9%

Summary: Homes in 14432 had an average of 23 days on market in Dec 2024, up by 288.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14432 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 14432; 67% of homes were sold within 30 days, 33% 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 8 Days Ago

Newest Listings in 14432, NY

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