$2,814 Closing Credit*
$237,000
1,993 SqFt
3 Beds
•2 Full Baths
Jennifer E. Fitzgerald, Listing Office: Lake To Lake Real Estate
Is 14541, 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, 14541 has remained a Seller's Market.
Key Takeaway
14541 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14541, NY
How much do homes in 14541, NY cost?
Median Sold Price
$320,500
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$329,500(-50.7%)
Key Takeaway
Homes in 14541 have sold for 50.7% less than they did a year ago.
Summary: The median home sold price in 14541 was $320,500 in October 2024, down 50.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $305K | N/A |
| 2 Bedrooms | $295K | $268.5K | -9.0% |
| 3 Bedrooms | $550K | $505K | -8.2% |
| 4 Bedrooms | $1.2M | $262.1K | -78.5% |
| 5+ Bedrooms | $1.8M | $999.9K | -44.5% |
Summary: 14541 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 decreased by 9%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 78.5%, and 5+ bedroom homes decreased by 44.5%.
Housing Supply in 14541, NY
How many homes are available in 14541, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 14541 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 14541 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14541, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 14541 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 14541, NY
How long does it take to sell a home in 14541, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 60 Days | +118.2% |
Summary: Homes in 14541 had an average of 60 days on market in Oct 2024, up by 118.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14541 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 14541; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.