Is 14787, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14787 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 14787 has remained a Buyer's Market.

Key Takeaway

14787 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14787, NY

How much do homes in 14787, NY cost?

Median Sold Price

$160,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,500(+4.2%)

Key Takeaway

Homes in 14787 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 14787 was $160,000 in November 2024, up 4.2% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $37.5K$105K
+180.0%
2 $160K$114.8K
-28.2%
3 $140K$177.2K
+26.6%
4 $184K$158.5K
-13.9%
5+ $187.5K$306K
+63.2%

Summary: 14787 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 180%, 2 bedroom homes decreased by 28.2%, 3 bedroom homes increased by 26.6%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 63.2%.

Median Sold Price Compared To Nearby Zip Codes

14775
+16.8%
14787
+4.2%

Housing Supply in 14787, NY

How many homes are available in 14787, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The 14787 real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 74
-42.9%
4 33
0.0%
5+ 34
+33.3%

Summary: The 14787 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 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 14787, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 14787 in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14787, NY

How long does it take to sell a home in 14787, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
3 Days3 Days0.0%

Summary: Homes in 14787 had an average of 3 days on market in Nov 2024, the same as last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14787 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 14787; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in 14787, NY

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