Is 14568, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14568 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14568 has remained a Seller's Market.

Key Takeaway

14568 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14568, NY

How much do homes in 14568, NY cost?

Median Sold Price

$280,000

$179/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$50,000(+21.7%)

Key Takeaway

Homes in 14568 have sold for 21.7% more than they did a month ago.

Summary: The median home sold price in 14568 was $280,000 in December 2024, up 21.7% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$250K
N/A
3 $230K$242.5K
+5.4%
4 $237.5K$280K
+17.9%
5+ -$476K
N/A

Summary: 14568 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

14505
+27.3%
14568
+21.7%

Housing Supply in 14568, NY

How many homes are available in 14568, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
156-60.0%

Summary: The 14568 real estate market had 6 homes for sale in December 2024, a 60.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 73
-57.1%
4 51
-80.0%
5+ 21
-50.0%

Summary: The 14568 housing inventory by bedroom type for December 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 57.1%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14568, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 14568 in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for 14568, NY

How long does it take to sell a home in 14568, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
5 Days6 Days+6.3%

Summary: Homes in 14568 had an average of 6 days on market in Dec 2024, up by 6.3% compared to last month.

Breakdown of Home Sale Times

5 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 14568 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 14568; 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 3 Days Ago

Newest Listings in 14568, NY

Nearby Markets to 14568, NY