$7,303 Closing Credit*
$615,000
1,822 SqFt
3 Beds
•1 Full Bath, 1 Partial
Haley Nicole Jefferson, Listing Office: Keuka Lake & Land Realty
Is 14840, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 14840 was a Seller's Market.
Key Takeaway
14840 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 14840, NY
How much do homes in 14840, NY cost?
Median Sold Price
$487,500
$259/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$64,500(+15.2%)
Key Takeaway
Homes in 14840 have sold for 15.2% more than they did a month ago.
Summary: The median home sold price in 14840 was $487,500 in November 2024, up 15.2% from last month, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $301.4K | - | N/A |
| 2 Bedrooms | $592.5K | - | N/A |
| 3 Bedrooms | $234K | $487.5K | +108.3% |
| 4 Bedrooms | $909K | $1.6M | +76.0% |
| 5+ Bedrooms | - | $200K | N/A |
Summary: 14840 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 108.3%, 4 bedroom homes increased by 76%, and 5+ bedroom homes did not change.
Housing Supply in 14840, NY
How many homes are available in 14840, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The 14840 real estate market had 26 homes for sale in November 2024, a 16.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 14840 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14840, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 14840 in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 14840, NY
How long does it take to sell a home in 14840, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 118 Days | +484.0% |
Summary: Homes in 14840 had an average of 118 days on market in Nov 2024, up by 484% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14840 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 14840; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.