Is 14895, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14895 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 14895 was a Seller's Market.

Key Takeaway

14895 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14895, NY

How much do homes in 14895, NY cost?

Median Sold Price

$126,450

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,950(+24.6%)

Key Takeaway

Homes in 14895 have sold for 24.6% more than they did a year ago.

Summary: The median home sold price in 14895 was $126,450 in October 2024, up 24.6% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$37K
N/A
2 $83.5K$94K
+12.6%
3 $103K$131.2K
+27.4%
4 $123.9K$159.9K
+29.1%
5+ $129.1K$150K
+16.1%

Summary: 14895 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Zip Codes

14895
+24.6%
14715
-15.3%

Housing Supply in 14895, NY

How many homes are available in 14895, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3729-21.6%

Summary: The 14895 real estate market had 29 homes for sale in October 2024, a 21.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2114
-33.3%
4 86
-25.0%
5+ 55
0.0%

Summary: The 14895 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 increased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14895, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 14895 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14895, NY

How long does it take to sell a home in 14895, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days130 Days+86.6%

Summary: Homes in 14895 had an average of 130 days on market in Oct 2024, up by 86.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 14895 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 14895; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 14895, NY

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