$1,958 Closing Credit*
$164,900
1,504 SqFt
4 Beds
•3 Full Baths
Colin Dombek, Listing Office: Colin Dombek Realty Inc
Is 14617, 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, 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 November 2023
+$19,625(+8.5%)
Key Takeaway
Homes in 14617 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 14617 was $250,000 in November 2024, up 8.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97K | $135K | +39.2% |
| 2 Bedrooms | $191.7K | $207.5K | +8.2% |
| 3 Bedrooms | $230.2K | $240K | +4.2% |
| 4 Bedrooms | $257K | $279K | +8.6% |
| 5+ Bedrooms | $306K | $332.2K | +8.6% |
Summary: 14617 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.2%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in 14617, NY
How many homes are available in 14617, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 62 | -31.9% |
Summary: The 14617 real estate market had 62 homes for sale in November 2024, a 31.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 10 | -28.6% |
| 3 Bedrooms | 50 | 39 | -22.0% |
| 4 Bedrooms | 22 | 11 | -50.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The 14617 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 28.6%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14617, you could pay more than the asking price. 81.3% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in 14617 in November 2024, up by 6.7% month-over-month. Of the 32 sold homes, 19% were sold under asking, 0% were sold at asking, and 81% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 8 Days | -35.6% |
Summary: Homes in 14617 had an average of 8 days on market in Nov 2024, down by 35.6% compared to last year.
Breakdown of Home Sale Times
31 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 November 2024, 32 homes were sold in 14617; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
