$1,544 Closing Credit*
$130,000
960 SqFt
3 Beds
•2 Full Baths
Tarrin Nocero, Listing Office: Howard Hanna Holt - Lakewood
Is 14701, 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, 14701 has remained a Seller's Market.
Key Takeaway
14701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14701, NY
How much do homes in 14701, NY cost?
Median Sold Price
$107,625
$65/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,722(+11.1%)
Key Takeaway
Homes in 14701 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 14701 was $107,625 in October 2024, up 11.1% from last year, and the median price per square foot was $65.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $139.4K | +11.6% |
| 2 Bedrooms | $96K | $117K | +21.9% |
| 3 Bedrooms | $98.6K | $122K | +23.7% |
| 4 Bedrooms | $92K | $90K | -2.2% |
| 5+ Bedrooms | $100K | $88.7K | -11.3% |
Summary: 14701 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 11.3%.
Median Sold Price Compared To Nearby Zip Codes
| 14733 | $115.3K | $147.4K | +27.8% |
| 14701 | $96.9K | $107.6K | +11.1% |
Housing Supply in 14701, NY
How many homes are available in 14701, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 186 | 175 | -5.9% |
Summary: The 14701 real estate market had 175 homes for sale in October 2024, a 5.9% 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 | 32 | 23 | -28.1% |
| 3 Bedrooms | 77 | 77 | 0.0% |
| 4 Bedrooms | 46 | 42 | -8.7% |
| 5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The 14701 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 28.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14701, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 14701 in October 2024, the same as the previous month. Of the 34 sold homes, 56% were sold under asking, 9% were sold at asking, and 35% were sold over asking.
Days on Market for 14701, NY
How long does it take to sell a home in 14701, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 39 Days | +137.6% |
Summary: Homes in 14701 had an average of 39 days on market in Oct 2024, up by 137.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14701 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in 14701; 74% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
