Is 14722, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14722 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14722 has remained a Seller's Market.

Key Takeaway

14722 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14722, NY

How much do homes in 14722, NY cost?

Median Sold Price

$341,000

$350/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$187,030(-35.4%)

Key Takeaway

Homes in 14722 have sold for 35.4% less than they did a month ago.

Summary: The median home sold price in 14722 was $341,000 in October 2024, down 35.4% from last month, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $249K-
N/A
2 $364.5K$341K
-6.4%
3 $678.2K-
N/A
4 --
N/A
5+ $706.5K-
N/A

Summary: 14722 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 decreased by 6.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14722, NY

How many homes are available in 14722, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
173-82.4%

Summary: The 14722 real estate market had 3 homes for sale in October 2024, a 82.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 51
-80.0%
2 32
-33.3%
3 30
-100.0%
4 00
0.0%
5+ 60
-100.0%

Summary: The 14722 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 80%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
91-88.9%

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 14722, 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 14722 in October 2024, down by 88.9% 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 14722, NY

How long does it take to sell a home in 14722, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
19 Days37 Days+92.5%

Summary: Homes in 14722 had an average of 37 days on market in Oct 2024, up by 92.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 14722 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 14722; 0% of homes were sold within 30 days, 100% 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 14722, NY

Nearby Markets to 14722, NY