$2,789 Closing Credit*
$234,900
1,232 SqFt
2 Beds
•1 Full Bath, 1 Partial
Linnea F. Muller, Listing Office: Empire Realty Group
Is 14580, 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, 14580 has remained a Seller's Market.
Key Takeaway
14580 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14580, NY
How much do homes in 14580, NY cost?
Median Sold Price
$350,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,500(+5.6%)
Key Takeaway
Homes in 14580 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 14580 was $350,000 in October 2024, up 5.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | $270K | $257.5K | -4.6% |
| 3 Bedrooms | $307K | $340K | +10.7% |
| 4 Bedrooms | $385K | $425K | +10.4% |
| 5+ Bedrooms | $430K | $448K | +4.2% |
Summary: 14580 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 decreased by 4.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Zip Codes
| 14622 | $194.7K | $220K | +13.0% |
| 14526 | $300K | $331.5K | +10.5% |
| 14609 | $165K | $177.5K | +7.6% |
| 14580 | $331.5K | $350K | +5.6% |
| 14625 | $316K | $325K | +2.8% |
Housing Supply in 14580, NY
How many homes are available in 14580, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 129 | 120 | -7.0% |
Summary: The 14580 real estate market had 120 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 26 | 21 | -19.2% |
| 3 Bedrooms | 55 | 47 | -14.5% |
| 4 Bedrooms | 37 | 36 | -2.7% |
| 5+ Bedrooms | 10 | 16 | +60.0% |
Summary: The 14580 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 36 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14580, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in 14580 in October 2024, down by 18.2% month-over-month. Of the 36 sold homes, 14% were sold under asking, 3% were sold at asking, and 83% were sold over asking.
Days on Market for 14580, NY
How long does it take to sell a home in 14580, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 15 Days | +37.4% |
Summary: Homes in 14580 had an average of 15 days on market in Oct 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14580 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 36 homes were sold in 14580; 92% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
