Is 14437, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14437 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 14437 was a Seller's Market.

Key Takeaway

14437 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 14437, NY

How much do homes in 14437, NY cost?

Median Sold Price

$145,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,050(+7.4%)

Key Takeaway

Homes in 14437 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 14437 was $145,000 in November 2024, up 7.4% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $93K-
N/A
2 $108.5K$106.7K
-1.6%
3 $130K$154.1K
+18.6%
4 $155K$132K
-14.8%
5+ $179K$193.7K
+8.2%

Summary: 14437 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 decreased by 1.6%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

14437
+7.4%
14517
-0.7%
14572
-3.2%

Housing Supply in 14437, NY

How many homes are available in 14437, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2726-3.7%

Summary: The 14437 real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1112
+9.1%
4 76
-14.3%
5+ 54
-20.0%

Summary: The 14437 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 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 14437, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 14437 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14437, NY

How long does it take to sell a home in 14437, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days22 Days+140.0%

Summary: Homes in 14437 had an average of 22 days on market in Nov 2024, up by 140% compared to last year.

Breakdown of Home Sale Times

3 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 14437 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 14437; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in 14437, NY

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