Is 14534, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14534 is a seller's market

Buyer's
Market

Difference Since October 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

$453,666

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,679(+1.0%)

Key Takeaway

Homes in 14534 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 14534 was $453,666 in October 2024, up 1% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$177K
N/A
2 $308.5K$351.5K
+13.9%
3 $376.7K$402.2K
+6.8%
4 $455K$500K
+9.9%
5+ $625K$706K
+13.0%

Summary: 14534 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Zip Codes

14450
+11.8%
14445
+8.8%
14618
+6.7%
14534
+1.0%

Housing Supply in 14534, NY

How many homes are available in 14534, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9279-14.1%

Summary: The 14534 real estate market had 79 homes for sale in October 2024, a 14.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2816
-42.9%
4 4239
-7.1%
5+ 1417
+21.4%

Summary: The 14534 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 21.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4123-43.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14534, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 14534 in October 2024, down by 43.9% month-over-month. Of the 23 sold homes, 26% were sold under asking, 9% were sold at asking, and 65% 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

Oct 2023Oct 2024CHANGE
16 Days9 Days-43.5%

Summary: Homes in 14534 had an average of 9 days on market in Oct 2024, down by 43.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14534 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 14534; 91% of homes were sold within 30 days, 9% 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 13 Days Ago

Newest Listings in 14534, NY

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