Is 14606, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14606 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14606 has remained a Seller's Market.

Key Takeaway

14606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14606, NY

How much do homes in 14606, NY cost?

Median Sold Price

$160,000

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,500(+10.0%)

Key Takeaway

Homes in 14606 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 14606 was $160,000 in November 2024, up 10% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $109K$10K
-90.8%
2 $113K$132.5K
+17.3%
3 $169.5K$195.2K
+15.2%
4 $105.5K$142.5K
+35.1%
5+ $102K$90K
-11.8%

Summary: 14606 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90.8%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Zip Codes

14611
+25.0%
14613
+21.3%
14615
+12.9%
14606
+10.0%
14608
-20.9%

Housing Supply in 14606, NY

How many homes are available in 14606, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10679-25.5%

Summary: The 14606 real estate market had 79 homes for sale in November 2024, a 25.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 117
-36.4%
3 5644
-21.4%
4 2214
-36.4%
5+ 1713
-23.5%

Summary: The 14606 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2925-13.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14606, you could pay more than the asking price. 48% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 14606 in November 2024, down by 13.8% month-over-month. Of the 25 sold homes, 36% were sold under asking, 16% were sold at asking, and 48% were sold over asking.

Days on Market for 14606, NY

How long does it take to sell a home in 14606, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days26 Days+25.7%

Summary: Homes in 14606 had an average of 26 days on market in Nov 2024, up by 25.7% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14606 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in 14606; 72% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% 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 21 Days Ago

Newest Listings in 14606, NY

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