Is 14560, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14560 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 14560 was a Neutral Market.

Key Takeaway

14560 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14560, NY

How much do homes in 14560, NY cost?

Median Sold Price

$210,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,000(-16.0%)

Key Takeaway

Homes in 14560 have sold for 16% less than they did a year ago.

Summary: The median home sold price in 14560 was $210,000 in November 2024, down 16% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K$280K
+166.7%
2 $240K$50K
-79.2%
3 $255.5K$199.9K
-21.7%
4 $267.3K$349.5K
+30.7%
5+ -$427.5K
N/A

Summary: 14560 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 166.7%, 2 bedroom homes decreased by 79.2%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

14471
+17.4%
14572
-3.2%
14560
-16.0%

Housing Supply in 14560, NY

How many homes are available in 14560, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The 14560 real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 14560 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was 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 14560, 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 14560 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14560, NY

How long does it take to sell a home in 14560, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days33 Days+52.3%

Summary: Homes in 14560 had an average of 33 days on market in Nov 2024, up by 52.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14560 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 14560; 50% of homes were sold within 30 days, 50% 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 18 Days Ago

Newest Listings in 14560, NY

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