Is 14512, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14512 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 14512 has remained a Seller's Market.

Key Takeaway

14512 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14512, NY

How much do homes in 14512, NY cost?

Median Sold Price

$258,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$8,100(+3.2%)

Key Takeaway

Homes in 14512 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 14512 was $258,000 in December 2024, up 3.2% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $127.5K$150K
+17.6%
2 $235K$210.4K
-10.4%
3 $245.7K$280K
+14.0%
4 $317.2K$252K
-20.6%
5+ $400K$500K
+25.0%

Summary: 14512 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 25%.

Housing Supply in 14512, NY

How many homes are available in 14512, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1711-35.3%

Summary: The 14512 real estate market had 11 homes for sale in December 2024, a 35.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 103
-70.0%
4 33
0.0%
5+ 33
0.0%

Summary: The 14512 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 70%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

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 14512, 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 14512 in December 2024, down by 25.0% 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 14512, NY

How long does it take to sell a home in 14512, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
20 Days14 Days-31.7%

Summary: Homes in 14512 had an average of 14 days on market in Dec 2024, down by 31.7% 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 14512 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 14512; 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 2 Days Ago

Newest Listings in 14512, NY

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