Is 14555, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14555 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14555 has remained a Seller's Market.

Key Takeaway

14555 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14555, NY

How much do homes in 14555, NY cost?

Median Sold Price

$158,721

$248/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$91,278(-36.5%)

Key Takeaway

Homes in 14555 have sold for 36.5% less than they did a month ago.

Summary: The median home sold price in 14555 was $158,721 in October 2024, down 36.5% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $35K$207.4K
+492.7%
2 --
N/A
3 -$110K
N/A
4 $412.5K-
N/A
5+ --
N/A

Summary: 14555 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 492.7%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14555, NY

How many homes are available in 14555, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The 14555 real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 01
+100.0%
3 34
+33.3%
4 31
-66.7%
5+ 10
-100.0%

Summary: The 14555 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14555, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 14555 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14555, NY

How long does it take to sell a home in 14555, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days9 Days-48.2%

Summary: Homes in 14555 had an average of 9 days on market in Oct 2024, down by 48.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 14555 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 14555; 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 14555, NY

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