Is 14456, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14456 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 14456 has remained a Seller's Market.

Key Takeaway

14456 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14456, NY

How much do homes in 14456, NY cost?

Median Sold Price

$205,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,150(+14.0%)

Key Takeaway

Homes in 14456 have sold for 14% more than they did a year ago.

Summary: The median home sold price in 14456 was $205,000 in October 2024, up 14% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$270K
N/A
2 $151.4K$225.5K
+48.9%
3 $180K$207.5K
+15.3%
4 $195K$190K
-2.6%
5+ $164.2K$222.5K
+35.5%

Summary: 14456 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.9%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 35.5%.

Median Sold Price Compared To Nearby Zip Codes

14456
+14.0%
14561
+8.0%
13165
+1.6%

Housing Supply in 14456, NY

How many homes are available in 14456, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8066-17.5%

Summary: The 14456 real estate market had 66 homes for sale in October 2024, a 17.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 98
-11.1%
3 3427
-20.6%
4 1912
-36.8%
5+ 1719
+11.8%

Summary: The 14456 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1912-36.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14456, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 14456 in October 2024, down by 36.8% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14456, NY

How long does it take to sell a home in 14456, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days40 Days+448.5%

Summary: Homes in 14456 had an average of 40 days on market in Oct 2024, up by 448.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14456 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 14456; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in 14456, NY

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