$4,038 Closing Credit*
$340,000
2,302 SqFt
4 Beds
•1 Full Bath, 1 Partial
Karen A Joseph, Listing Office: Howard Hanna
Is 14561, 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, 14561 has remained a Seller's Market.
Key Takeaway
14561 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14561, NY
How much do homes in 14561, NY cost?
Median Sold Price
$216,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,000(+8.0%)
Key Takeaway
Homes in 14561 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 14561 was $216,000 in October 2024, up 8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151.2K | $230.5K | +52.4% |
| 3 Bedrooms | $190K | $235K | +23.7% |
| 4 Bedrooms | $218K | $190.2K | -12.7% |
| 5+ Bedrooms | - | $210K | N/A |
Summary: 14561 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 increased by 52.4%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes did not change.
Housing Supply in 14561, NY
How many homes are available in 14561, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The 14561 real estate market had 5 homes for sale in October 2024, a 44.4% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 14561 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 decreased by 25%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14561, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 14561 in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 14561, NY
How long does it take to sell a home in 14561, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 18 Days | +140.0% |
Summary: Homes in 14561 had an average of 18 days on market in Oct 2024, up by 140% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14561 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 14561; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
