Is 14716, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14716 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14716 was a Seller's Market.

Key Takeaway

14716 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 14716, NY

How much do homes in 14716, NY cost?

Median Sold Price

$151,850

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,118(-0.7%)

Key Takeaway

Homes in 14716 have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in 14716 was $151,850 in October 2024, down 0.7% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $125K$130K
+4.0%
3 $160K$143.2K
-10.5%
4 $161K$205K
+27.3%
5+ $148.9K-
N/A

Summary: 14716 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 increased by 4%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

14063
+3.5%
14716
-0.7%

Housing Supply in 14716, NY

How many homes are available in 14716, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The 14716 real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 02
+100.0%
5+ 10
-100.0%

Summary: The 14716 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 1 homes were sold or pending in 14716 in October 2024, up by 100.0% month-over-month. Of the 1 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

Oct 2023Oct 2024CHANGE
19 Days25 Days+31.6%

Summary: Homes in 14716 had an average of 25 days on market in Oct 2024, up by 31.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14716 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 14716; 100% of homes were sold within 30 days, 0% 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 14716, NY

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