$2,791 Closing Credit*
$235,000
1,080 SqFt
2 Beds
•1 Full Bath, 1 Partial
Laura S Penkitis, Listing Office: Red Barn Properties
Is 14534, 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, 14534 has remained a Seller's Market.
Key Takeaway
14534 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14534, NY
How much do homes in 14534, NY cost?
Median Sold Price
$463,333
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,333(+3.0%)
Key Takeaway
Homes in 14534 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 14534 was $463,333 in November 2024, up 3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $177K | N/A |
| 2 Bedrooms | $320K | $347.2K | +8.5% |
| 3 Bedrooms | $378.4K | $406K | +7.3% |
| 4 Bedrooms | $456K | $500K | +9.6% |
| 5+ Bedrooms | $625.2K | $707K | +13.1% |
Summary: 14534 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 8.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Zip Codes
| 14450 | $335K | $371.1K | +10.8% |
| 14506 | $391K | $432K | +10.5% |
| 14445 | $195.2K | $212.5K | +8.8% |
| 14618 | $358.6K | $383.5K | +6.9% |
| 14534 | $450K | $463.3K | +3.0% |
Housing Supply in 14534, NY
How many homes are available in 14534, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 63 | -30.8% |
Summary: The 14534 real estate market had 63 homes for sale in November 2024, a 30.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 22 | 14 | -36.4% |
| 4 Bedrooms | 45 | 28 | -37.8% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The 14534 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 21 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14534, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in 14534 in November 2024, down by 30.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 10% were sold at asking, and 67% were sold over asking.
Days on Market for 14534, NY
How long does it take to sell a home in 14534, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 12 Days | +62.1% |
Summary: Homes in 14534 had an average of 12 days on market in Nov 2024, up by 62.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14534 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 14534; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
