$4,986 Closing Credit*
$419,900
1,045 SqFt
2 Beds
•2 Full Baths
Mark Moon, Listing Office: Howard Hanna Lake Group Hammondsport
Is 14527, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$282,250
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,250(+25.4%)
Key Takeaway
Homes in 14527 have sold for 25.4% more than they did a year ago.
Summary: The median home sold price in 14527 was $282,250 in October 2024, up 25.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $177.4K | +54.3% |
| 2 Bedrooms | $166.5K | $182.5K | +9.6% |
| 3 Bedrooms | $204.4K | $300K | +46.7% |
| 4 Bedrooms | $265.2K | $265K | -0.1% |
| 5+ Bedrooms | $379K | $296.7K | -21.7% |
Summary: 14527 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 46.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 21.7%.
Housing Supply in 14527, NY
How many homes are available in 14527, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 52 | -8.8% |
Summary: The 14527 real estate market had 52 homes for sale in October 2024, a 8.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 14527 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14527, 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 14527 in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 23 Days | +11.1% |
Summary: Homes in 14527 had an average of 23 days on market in Oct 2024, up by 11.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 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 October 2024, 12 homes were sold in 14527; 58% of homes were sold within 30 days, 42% 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.