Is 14750, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14750 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 14750 was a Buyer's Market.

Key Takeaway

14750 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14750, NY

How much do homes in 14750, NY cost?

Median Sold Price

$216,500

$113/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$88,500(-29.0%)

Key Takeaway

Homes in 14750 have sold for 29% less than they did a month ago.

Summary: The median home sold price in 14750 was $216,500 in October 2024, down 29% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$234K
N/A
2 $210K$175K
-16.7%
3 -$224K
N/A
4 $400K$135K
-66.3%
5+ -$245K
N/A

Summary: 14750 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 16.7%, 3 bedroom homes did not change, 4 bedroom homes decreased by 66.3%, and 5+ bedroom homes did not change.

Housing Supply in 14750, NY

How many homes are available in 14750, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2224+9.1%

Summary: The 14750 real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 77
0.0%
3 68
+33.3%
4 76
-14.3%
5+ 12
+100.0%

Summary: The 14750 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 increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14750, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 14750 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for 14750, NY

How long does it take to sell a home in 14750, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days17 Days-36.4%

Summary: Homes in 14750 had an average of 17 days on market in Oct 2024, down by 36.4% compared to last month.

Breakdown of Home Sale Times

5 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

Many homes in 14750 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 14750; 83% of homes were sold within 30 days, 17% 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 14750, NY

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