Is 14802, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14802 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 14802 has remained a Seller's Market.

Key Takeaway

14802 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14802, NY

How much do homes in 14802, NY cost?

Median Sold Price

$105,000

$82/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$116,000(-52.5%)

Key Takeaway

Homes in 14802 have sold for 52.5% less than they did a month ago.

Summary: The median home sold price in 14802 was $105,000 in October 2024, down 52.5% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $221K$105K
-52.5%
4 $218K-
N/A
5+ --
N/A

Summary: 14802 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 did not change, 3 bedroom homes decreased by 52.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14802, NY

How many homes are available in 14802, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The 14802 real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The 14802 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 remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14802, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 14802 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 14802, NY

How long does it take to sell a home in 14802, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
24 Days62 Days+151.4%

Summary: Homes in 14802 had an average of 62 days on market in Oct 2024, up by 151.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14802 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 14802; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in 14802, NY

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