Is 14525, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14525 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14525 has remained a Seller's Market.

Key Takeaway

14525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14525, NY

How much do homes in 14525, NY cost?

Median Sold Price

$290,000

$153/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$70,000(+31.8%)

Key Takeaway

Homes in 14525 have sold for 31.8% more than they did a month ago.

Summary: The median home sold price in 14525 was $290,000 in November 2024, up 31.8% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $195K-
N/A
3 -$290K
N/A
4 $300K$345K
+15.0%
5+ $170K$250K
+47.1%

Summary: 14525 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 47.1%.

Housing Supply in 14525, NY

How many homes are available in 14525, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The 14525 real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 42
-50.0%
5+ 22
0.0%

Summary: The 14525 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14525, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 14525 in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 14525, NY

How long does it take to sell a home in 14525, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
19 Days11 Days-39.9%

Summary: Homes in 14525 had an average of 11 days on market in Nov 2024, down by 39.9% compared to last month.

Breakdown of Home Sale Times

3 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 14525 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 14525; 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 14525, NY

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