$9,974 Closing Credit*
$839,900
1,440 SqFt
2 Beds
•2 Full Baths
Mary L. Worth, Listing Office: Howard Hanna Lake Group
Is 14527, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 14527 has remained a Seller's Market.
Key Takeaway
14527 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14527, NY
How much do homes in 14527, NY cost?
Median Sold Price
$282,500
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+21.5%)
Key Takeaway
Homes in 14527 have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in 14527 was $282,500 in November 2024, up 21.5% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $224.9K | +95.6% |
| 2 Bedrooms | $169.4K | $191K | +12.7% |
| 3 Bedrooms | $227K | $300K | +32.2% |
| 4 Bedrooms | $303.2K | $261.2K | -13.8% |
| 5+ Bedrooms | $379K | $331.7K | -12.5% |
Summary: 14527 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.6%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 32.2%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in 14527, NY
How many homes are available in 14527, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 41 | -25.5% |
Summary: The 14527 real estate market had 41 homes for sale in November 2024, a 25.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 23 | 14 | -39.1% |
| 4 Bedrooms | 10 | 5 | -50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 14527 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 39.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14527, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 14527 in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 14527, NY
How long does it take to sell a home in 14527, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 26 Days | +110.3% |
Summary: Homes in 14527 had an average of 26 days on market in Nov 2024, up by 110.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14527 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 14527; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.