Is 14450, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14450 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14450 has remained a Seller's Market.

Key Takeaway

14450 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14450, NY

How much do homes in 14450, NY cost?

Median Sold Price

$367,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,642(+11.8%)

Key Takeaway

Homes in 14450 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 14450 was $367,000 in October 2024, up 11.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135.5K$153.7K
+13.5%
2 $205K$229.5K
+12.0%
3 $308K$351.2K
+14.0%
4 $385.7K$410K
+6.3%
5+ $454.2K$540K
+18.9%

Summary: 14450 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Zip Codes

14450
+11.8%
14526
+10.5%
14445
+8.8%
14502
+4.9%
14534
+1.0%

Housing Supply in 14450, NY

How many homes are available in 14450, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
130123-5.4%

Summary: The 14450 real estate market had 123 homes for sale in October 2024, a 5.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 189
-50.0%
3 4452
+18.2%
4 5051
+2.0%
5+ 159
-40.0%

Summary: The 14450 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4834-29.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14450, you could pay more than the asking price. 73.5% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in 14450 in October 2024, down by 29.2% month-over-month. Of the 34 sold homes, 12% were sold under asking, 15% were sold at asking, and 74% were sold over asking.

Days on Market for 14450, NY

How long does it take to sell a home in 14450, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days8 Days-4.4%

Summary: Homes in 14450 had an average of 8 days on market in Oct 2024, down by 4.4% compared to last year.

Breakdown of Home Sale Times

34 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 14450 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 34 homes were sold in 14450; 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 22 Days Ago

Newest Listings in 14450, NY

Nearby Markets to 14450, NY