Is 14818, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14818 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 14818 has remained a Buyer's Market.

Key Takeaway

14818 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14818, NY

How much do homes in 14818, NY cost?

Median Sold Price

$328,000

$154/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$138,000(+72.6%)

Key Takeaway

Homes in 14818 have sold for 72.6% more than they did a month ago.

Summary: The median home sold price in 14818 was $328,000 in November 2024, up 72.6% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $190K$328K
+72.6%
4 --
N/A
5+ --
N/A

Summary: 14818 housing prices by bedroom type for November 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 increased by 72.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14818, NY

How many homes are available in 14818, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1210-16.7%

Summary: The 14818 real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 43
-25.0%
4 22
0.0%
5+ 11
0.0%

Summary: The 14818 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 decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14818, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 14818 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 14818, NY

How long does it take to sell a home in 14818, NY?

Average Sale Time

Oct 2024Nov 2024CHANGE
150 Days7 Days-95.3%

Summary: Homes in 14818 had an average of 7 days on market in Nov 2024, down by 95.3% compared to last month.

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 14818 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 14818; 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 10 Days Ago

Newest Listings in 14818, NY

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