Is 14624, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14624 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 14624 has remained a Seller's Market.

Key Takeaway

14624 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14624, NY

How much do homes in 14624, NY cost?

Median Sold Price

$242,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,203(+10.1%)

Key Takeaway

Homes in 14624 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 14624 was $242,500 in November 2024, up 10.1% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K-
N/A
2 $171.5K$193.1K
+12.6%
3 $215.3K$234.2K
+8.8%
4 $248.2K$272K
+9.6%
5+ $268.5K$267K
-0.6%

Summary: 14624 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 12.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

14514
+12.9%
14624
+10.1%
14606
+10.0%
14428
-2.7%

Housing Supply in 14624, NY

How many homes are available in 14624, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11283-25.9%

Summary: The 14624 real estate market had 83 homes for sale in November 2024, a 25.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 169
-43.8%
3 6149
-19.7%
4 3021
-30.0%
5+ 54
-20.0%

Summary: The 14624 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 43.8%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3526-25.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14624, you could pay more than the asking price. 88.5% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 14624 in November 2024, down by 25.7% month-over-month. Of the 26 sold homes, 8% were sold under asking, 4% were sold at asking, and 88% were sold over asking.

Days on Market for 14624, NY

How long does it take to sell a home in 14624, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days13 Days+27.6%

Summary: Homes in 14624 had an average of 13 days on market in Nov 2024, up by 27.6% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14624 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 26 homes were sold in 14624; 92% of homes were sold within 30 days, 4% 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 22 Days Ago

Newest Listings in 14624, NY

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