$45,000
2.50 Acres
Land
Edward Miller, Listing Office: ERA Team VP Real Estate
Is 14716, 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, 14716 has remained a Seller's Market.
Key Takeaway
14716 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14716, NY
How much do homes in 14716, NY cost?
Median Sold Price
$138,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,500(-12.9%)
Key Takeaway
Homes in 14716 have sold for 12.9% less than they did a year ago.
Summary: The median home sold price in 14716 was $138,000 in November 2024, down 12.9% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $116.2K | -7.0% |
| 3 Bedrooms | $164K | $143.2K | -12.7% |
| 4 Bedrooms | $176K | $270.5K | +53.7% |
| 5+ Bedrooms | $148.9K | $112.5K | -24.5% |
Summary: 14716 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 decreased by 7%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 53.7%, and 5+ bedroom homes decreased by 24.5%.
Median Sold Price Compared To Nearby Zip Codes
| 14063 | $175K | $177K | +1.1% |
| 14716 | $158.5K | $138K | -12.9% |
Housing Supply in 14716, NY
How many homes are available in 14716, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The 14716 real estate market had 7 homes for sale in November 2024, a 22.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14716 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14716, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 14716 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 14716, NY
How long does it take to sell a home in 14716, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 139 Days | +1061.1% |
Summary: Homes in 14716 had an average of 139 days on market in Nov 2024, up by 1061.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 14716 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in 14716; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
