Is 14712, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14712 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14712 was a Neutral Market.

Key Takeaway

14712 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14712, NY

How much do homes in 14712, NY cost?

Median Sold Price

$387,500

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,399(+13.3%)

Key Takeaway

Homes in 14712 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 14712 was $387,500 in October 2024, up 13.3% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K-
N/A
2 $199.9K$170.5K
-14.7%
3 $337.6K$354.5K
+5.0%
4 $425K$602.5K
+41.8%
5+ $996.2K$1.2M
+22.5%

Summary: 14712 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes increased by 22.5%.

Median Sold Price Compared To Nearby Zip Codes

14712
+13.3%
14710
+2.2%

Housing Supply in 14712, NY

How many homes are available in 14712, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1517+13.3%

Summary: The 14712 real estate market had 17 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 55
0.0%
4 23
+50.0%
5+ 66
0.0%

Summary: The 14712 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14712, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 14712 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 14712, NY

How long does it take to sell a home in 14712, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
120 Days40 Days-66.9%

Summary: Homes in 14712 had an average of 40 days on market in Oct 2024, down by 66.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 14712 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 14712; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

Newest Listings in 14712, NY

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