Is 14454, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14454 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14454 has remained a Seller's Market.

Key Takeaway

14454 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14454, NY

How much do homes in 14454, NY cost?

Median Sold Price

$305,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$61,000(+25.0%)

Key Takeaway

Homes in 14454 have sold for 25% more than they did a year ago.

Summary: The median home sold price in 14454 was $305,000 in October 2024, up 25% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $260K$300K
+15.4%
2 $213.5K$290.8K
+36.2%
3 $235.1K$329K
+39.9%
4 $333.7K$272.5K
-18.4%
5+ $306K$350K
+14.4%

Summary: 14454 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 36.2%, 3 bedroom homes increased by 39.9%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

14454
+25.0%
14414
-2.0%

Housing Supply in 14454, NY

How many homes are available in 14454, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2627+3.8%

Summary: The 14454 real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 11
0.0%
3 1215
+25.0%
4 64
-33.3%
5+ 65
-16.7%

Summary: The 14454 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14454, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 14454 in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.

Days on Market for 14454, NY

How long does it take to sell a home in 14454, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days47 Days+248.1%

Summary: Homes in 14454 had an average of 47 days on market in Oct 2024, up by 248.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14454 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 14454; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% 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 21 Days Ago

Newest Listings in 14454, NY

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