$2,316 Closing Credit*
$195,000
4,695 SqFt
5 Beds
Thomas Turner, Listing Office: Century 21 Turner Brokers
Is 14701, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 14701 was a Seller's Market.
Key Takeaway
14701 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 14701, NY
How much do homes in 14701, NY cost?
Median Sold Price
$110,000
$71/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,000(+14.6%)
Key Takeaway
Homes in 14701 have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in 14701 was $110,000 in November 2024, up 14.6% from last year, and the median price per square foot was $71.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $139.4K | +11.6% |
| 2 Bedrooms | $95.5K | $118.4K | +24.0% |
| 3 Bedrooms | $98.6K | $124.9K | +26.7% |
| 4 Bedrooms | $92K | $90K | -2.2% |
| 5+ Bedrooms | $80K | $89.9K | +12.4% |
Summary: 14701 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Zip Codes
| 14733 | $114.6K | $145K | +26.4% |
| 14701 | $96K | $110K | +14.6% |
Housing Supply in 14701, NY
How many homes are available in 14701, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 181 | 148 | -18.2% |
Summary: The 14701 real estate market had 148 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 28 | 17 | -39.3% |
| 3 Bedrooms | 80 | 70 | -12.5% |
| 4 Bedrooms | 40 | 33 | -17.5% |
| 5+ Bedrooms | 31 | 28 | -9.7% |
Summary: The 14701 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 39.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes decreased by 9.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 22 | -38.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14701, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 14701 in November 2024, down by 38.9% month-over-month. Of the 22 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 26 Days | -21.9% |
Summary: Homes in 14701 had an average of 26 days on market in Nov 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 22 homes were sold in 14701; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
