Is 14532, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14532 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14532 has remained a Seller's Market.

Key Takeaway

14532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14532, NY

How much do homes in 14532, NY cost?

Median Sold Price

$235,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+30.6%)

Key Takeaway

Homes in 14532 have sold for 30.6% more than they did a year ago.

Summary: The median home sold price in 14532 was $235,000 in November 2024, up 30.6% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$190K
N/A
2 $173K$192.5K
+11.3%
3 $180K$235K
+30.6%
4 $205.5K$240K
+16.8%
5+ $267K$277.5K
+3.9%

Summary: 14532 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 30.6%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

14532
+30.6%
14456
+12.8%
14513
+12.4%
13165
+8.1%
14432
+6.6%

Housing Supply in 14532, NY

How many homes are available in 14532, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The 14532 real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 77
0.0%
4 43
-25.0%
5+ 12
+100.0%

Summary: The 14532 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14532, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 14532 in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 14532, NY

How long does it take to sell a home in 14532, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days18 Days-32.6%

Summary: Homes in 14532 had an average of 18 days on market in Nov 2024, down by 32.6% compared to last year.

Breakdown of Home Sale Times

4 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 14532 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 14532; 80% of homes were sold within 30 days, 20% 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 21 Days Ago

Newest Listings in 14532, NY

Nearby Markets to 14532, NY