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 October 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

$156,200

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,533(+11.0%)

Key Takeaway

Homes in 14606 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 14606 was $156,200 in October 2024, up 11% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $109K$10K
-90.8%
2 $100K$131K
+31.0%
3 $170K$196K
+15.3%
4 $105K$150K
+42.9%
5+ $102K$90K
-11.8%

Summary: 14606 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90.8%, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Zip Codes

14611
+27.3%
14613
+24.9%
14615
+15.1%
14606
+11.0%
14608
-19.2%

Housing Supply in 14606, NY

How many homes are available in 14606, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10688-17.0%

Summary: The 14606 real estate market had 88 homes for sale in October 2024, a 17.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1611
-31.3%
3 5743
-24.6%
4 1920
+5.3%
5+ 1414
0.0%

Summary: The 14606 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 24.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3924-38.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

16 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in 14606 in October 2024, down by 38.5% month-over-month. Of the 24 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
12 Days20 Days+60.7%

Summary: Homes in 14606 had an average of 20 days on market in Oct 2024, up by 60.7% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 24 homes were sold in 14606; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% 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 14 Days Ago

Newest Listings in 14606, NY

Nearby Markets to 14606, NY