Is 14590, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14590 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 14590 was a Buyer's Market.

Key Takeaway

14590 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14590, NY

How much do homes in 14590, NY cost?

Median Sold Price

$200,950

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,950(+11.6%)

Key Takeaway

Homes in 14590 have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in 14590 was $200,950 in December 2024, up 11.6% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$95K
N/A
2 $220.8K$199.9K
-9.5%
3 $180K$250K
+38.9%
4 $202.5K$179.7K
-11.2%
5+ $244.9K$211K
-13.8%

Summary: 14590 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 13.8%.

Median Sold Price Compared To Nearby Zip Codes

14590
+11.6%
14555
-6.6%

Housing Supply in 14590, NY

How many homes are available in 14590, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2317-26.1%

Summary: The 14590 real estate market had 17 homes for sale in December 2024, a 26.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 33
0.0%
3 126
-50.0%
4 76
-14.3%
5+ 00
0.0%

Summary: The 14590 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14590, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 14590 in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 14590, NY

How long does it take to sell a home in 14590, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
69 Days45 Days-34.0%

Summary: Homes in 14590 had an average of 45 days on market in Dec 2024, down by 34% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14590 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 14590; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

Newest Listings in 14590, NY

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