$6,638 Closing Credit*
$559,000
2,100 SqFt
3 Beds
•2 Full Baths
Jennifer Courtney, Listing Office: Keller Williams Realty Lancaster
Is 14731, 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, 14731 has remained a Buyer's Market.
Key Takeaway
14731 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 14731, NY
How much do homes in 14731, NY cost?
Median Sold Price
$420,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+2.4%)
Key Takeaway
Homes in 14731 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 14731 was $420,000 in November 2024, up 2.4% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108.4K | $260K | +139.7% |
| 2 Bedrooms | $112K | $350K | +212.5% |
| 3 Bedrooms | $418.5K | $457.5K | +9.3% |
| 4 Bedrooms | $500K | $525K | +5.0% |
| 5+ Bedrooms | $486.2K | $650K | +33.7% |
Summary: 14731 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 139.7%, 2 bedroom homes increased by 212.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 33.7%.
Median Sold Price Compared To Nearby Zip Codes
| 14101 | $187.5K | $200K | +6.7% |
| 14731 | $410K | $420K | +2.4% |
Housing Supply in 14731, NY
How many homes are available in 14731, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 74 | -2.6% |
Summary: The 14731 real estate market had 74 homes for sale in November 2024, a 2.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 14 | +27.3% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The 14731 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
5 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 14731, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 14731 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 14731, NY
How long does it take to sell a home in 14731, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 102 Days | +503.5% |
Summary: Homes in 14731 had an average of 102 days on market in Nov 2024, up by 503.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14731 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 14731; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
