Is 14779, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14779 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 14779 was a Buyer's Market.

Key Takeaway

14779 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14779, NY

How much do homes in 14779, NY cost?

Median Sold Price

$100,950

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,250(+10.1%)

Key Takeaway

Homes in 14779 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 14779 was $100,950 in December 2024, up 10.1% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $99.9K$99K
-1.0%
3 $72.5K$95K
+31.0%
4 $100K$120.2K
+20.3%
5+ $108K$750K
+594.4%

Summary: 14779 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 594.4%.

Median Sold Price Compared To Nearby Zip Codes

14772
+10.2%
14779
+10.1%

Housing Supply in 14779, NY

How many homes are available in 14779, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2017-15.0%

Summary: The 14779 real estate market had 17 homes for sale in December 2024, a 15.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 89
+12.5%
4 96
-33.3%
5+ 11
0.0%

Summary: The 14779 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14779, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 14779 in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 14779, NY

How long does it take to sell a home in 14779, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
10 Days34 Days+243.3%

Summary: Homes in 14779 had an average of 34 days on market in Dec 2024, up by 243.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 14779 has remained consistent over time.

Summary: During December 2024, 3 homes were sold in 14779; 33% of homes were sold within 30 days, 67% 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 2 Days Ago

Newest Listings in 14779, NY

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