$2,672 Closing Credit*
$225,000
1,543 SqFt
3 Beds
•1 Full Bath, 1 Partial
Priscilla F. Mooney, Listing Office: RE/MAX Plus
Is 14617, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 14617 has remained a Seller's Market.
Key Takeaway
14617 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14617, NY
How much do homes in 14617, NY cost?
Median Sold Price
$250,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+8.7%)
Key Takeaway
Homes in 14617 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 14617 was $250,000 in October 2024, up 8.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97K | $134K | +38.1% |
| 2 Bedrooms | $185K | $213.7K | +15.5% |
| 3 Bedrooms | $230K | $242.5K | +5.4% |
| 4 Bedrooms | $254.5K | $279.5K | +9.8% |
| 5+ Bedrooms | $291.2K | $332.2K | +14.1% |
Summary: 14617 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.1%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in 14617, NY
How many homes are available in 14617, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 77 | -18.9% |
Summary: The 14617 real estate market had 77 homes for sale in October 2024, a 18.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 54 | 43 | -20.4% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 14617 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 21.4%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 22 | -37.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14617, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 14617 in October 2024, down by 37.1% month-over-month. Of the 22 sold homes, 5% were sold under asking, 5% were sold at asking, and 91% were sold over asking.
Days on Market for 14617, NY
How long does it take to sell a home in 14617, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 10 Days | +5.3% |
Summary: Homes in 14617 had an average of 10 days on market in Oct 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14617 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 14617; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
