$1,721 Closing Credit*
$144,900
920 SqFt
2 Beds
•1 Full Bath
Derek Heerkens, Listing Office: RE/MAX Plus
Is 14622, 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, 14622 has remained a Seller's Market.
Key Takeaway
14622 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14622, NY
How much do homes in 14622, NY cost?
Median Sold Price
$221,600
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,100(+11.1%)
Key Takeaway
Homes in 14622 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 14622 was $221,600 in November 2024, up 11.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | - | N/A |
| 2 Bedrooms | $160K | $185.5K | +15.9% |
| 3 Bedrooms | $203K | $225K | +10.8% |
| 4 Bedrooms | $231.6K | $225K | -2.9% |
| 5+ Bedrooms | $287K | $260K | -9.4% |
Summary: 14622 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 14622, NY
How many homes are available in 14622, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 32 | -40.7% |
Summary: The 14622 real estate market had 32 homes for sale in November 2024, a 40.7% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 35 | 22 | -37.1% |
| 4 Bedrooms | 13 | 5 | -61.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 14622 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 remained the same, 3 bedroom homes decreased by 37.1%, 4 bedroom homes decreased by 61.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 10 | -47.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14622, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 14622 in November 2024, down by 47.4% month-over-month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and 80% were sold over asking.
Days on Market for 14622, NY
How long does it take to sell a home in 14622, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 11 Days | +32.5% |
Summary: Homes in 14622 had an average of 11 days on market in Nov 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
9 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 14622 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 14622; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
