$429,900
31.00 Acres
Land
Dannielle Koerner, Listing Office: WNY Metro Roberts Realty
Is 14718, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 14718 has remained a Seller's Market.
Key Takeaway
14718 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14718, NY
How much do homes in 14718, NY cost?
Median Sold Price
$252,200
$148/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$5,550(-2.2%)
Key Takeaway
Homes in 14718 have sold for 2.2% less than they did a month ago.
Summary: The median home sold price in 14718 was $252,200 in October 2024, down 2.2% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $252.2K | N/A |
| 3 Bedrooms | $255.5K | $291.6K | +14.1% |
| 4 Bedrooms | - | $169.9K | N/A |
| 5+ Bedrooms | $260K | - | N/A |
Summary: 14718 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 14784 | $131.2K | $190K | +44.8% |
| 14718 | $257.7K | $252.2K | -2.2% |
Housing Supply in 14718, NY
How many homes are available in 14718, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The 14718 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 14718 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14718, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 14718 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 14718, NY
How long does it take to sell a home in 14718, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 Days | 47 Days | -54.3% |
Summary: Homes in 14718 had an average of 47 days on market in Oct 2024, down by 54.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14718 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 14718; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
