$3,205 Closing Credit*
$269,900
1,508 SqFt
4 Beds
•2 Full Baths
Nunzio Salafia, Listing Office: RE/MAX Plus
Is 14616, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 14616 has remained a Seller's Market.
Key Takeaway
14616 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14616, NY
How much do homes in 14616, NY cost?
Median Sold Price
$198,666
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,666(+13.5%)
Key Takeaway
Homes in 14616 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 14616 was $198,666 in November 2024, up 13.5% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71.7K | $124.9K | +74.1% |
| 2 Bedrooms | $156K | $175K | +12.2% |
| 3 Bedrooms | $175K | $195K | +11.4% |
| 4 Bedrooms | $200K | $224.9K | +12.4% |
| 5+ Bedrooms | $231.7K | $260.7K | +12.5% |
Summary: 14616 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.1%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 14616, NY
How many homes are available in 14616, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 54 | -26.0% |
Summary: The 14616 real estate market had 54 homes for sale in November 2024, a 26.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 10 | -44.4% |
| 3 Bedrooms | 39 | 29 | -25.6% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14616 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 25.6%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 30 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14616, you could pay more than the asking price. 93.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 14616 in November 2024, up by 50.0% month-over-month. Of the 30 sold homes, 3% were sold under asking, 3% were sold at asking, and 93% were sold over asking.
Days on Market for 14616, NY
How long does it take to sell a home in 14616, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 7 Days | -17.2% |
Summary: Homes in 14616 had an average of 7 days on market in Nov 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14616 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in 14616; 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.
