Is 14551, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14551 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 14551 was a Buyer's Market.

Key Takeaway

14551 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14551, NY

How much do homes in 14551, NY cost?

Median Sold Price

$186,500

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,500(+3.6%)

Key Takeaway

Homes in 14551 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 14551 was $186,500 in November 2024, up 3.6% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $182.5K$40K
-78.1%
2 $182.5K$197.5K
+8.2%
3 $182.5K$189K
+3.6%
4 $153.5K$167.5K
+9.1%
5+ $242.5K$262.5K
+8.2%

Summary: 14551 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 78.1%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

14551
+3.6%
14589
+0.6%

Housing Supply in 14551, NY

How many homes are available in 14551, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
124-66.7%

Summary: The 14551 real estate market had 4 homes for sale in November 2024, a 66.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 72
-71.4%
4 22
0.0%
5+ 30
-100.0%

Summary: The 14551 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 remained the same, 3 bedroom homes decreased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14551, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 14551 in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 14551, NY

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14551 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 14551; 100% of homes were sold within 30 days, 0% 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 14551, NY

Nearby Markets to 14551, NY