Is 14586, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14586 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14586 has remained a Seller's Market.

Key Takeaway

14586 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14586, NY

How much do homes in 14586, NY cost?

Median Sold Price

$269,500

$169/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$68,500(-20.3%)

Key Takeaway

Homes in 14586 have sold for 20.3% less than they did a month ago.

Summary: The median home sold price in 14586 was $269,500 in December 2024, down 20.3% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $344K$260K
-24.4%
4 $415K$278.5K
-32.9%
5+ -$675K
N/A

Summary: 14586 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 decreased by 24.4%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes did not change.

Housing Supply in 14586, NY

How many homes are available in 14586, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2013-35.0%

Summary: The 14586 real estate market had 13 homes for sale in December 2024, a 35.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 117
-36.4%
4 53
-40.0%
5+ 32
-33.3%

Summary: The 14586 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 36.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14586, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 14586 in December 2024, down by 14.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14586, NY

How long does it take to sell a home in 14586, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
11 Days7 Days-36.4%

Summary: Homes in 14586 had an average of 7 days on market in Dec 2024, down by 36.4% compared to last month.

Breakdown of Home Sale Times

6 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 14586 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 14586; 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 9 Days Ago

Newest Listings in 14586, NY

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