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 December 2023

At the same time last year, 14555 was a Neutral 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

$255,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$18,000(-6.6%)

Key Takeaway

Homes in 14555 have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in 14555 was $255,000 in December 2024, down 6.6% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $57K$62.5K
+9.6%
2 $300K$450K
+50.0%
3 $270K$320K
+18.5%
4 $292.5K$310K
+6.0%
5+ $640K$505K
-21.1%

Summary: 14555 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Zip Codes

14551
+13.1%
14590
+11.6%
14555
-6.6%

Housing Supply in 14555, NY

How many homes are available in 14555, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
85-37.5%

Summary: The 14555 real estate market had 5 homes for sale in December 2024, a 37.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 32
-33.3%
4 21
-50.0%
5+ 11
0.0%

Summary: The 14555 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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 1 homes were sold or pending in 14555 in December 2024, down by 66.7% month-over-month. Of the 1 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

Dec 2023Dec 2024CHANGE
10 Days8 Days-20.0%

Summary: Homes in 14555 had an average of 8 days on market in Dec 2024, down by 20% compared to last year.

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

Summary: During December 2024, 1 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 2 Days Ago

Newest Listings in 14555, NY

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