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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arkport is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Arkport was a Buyer's Market.

Key Takeaway

Arkport 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 Arkport, NY

How much do homes in Arkport, NY cost?

Median Sold Price

$192,500

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,550(+16.0%)

Key Takeaway

Homes in Arkport have sold for 16% more than they did a year ago.

Summary: The median home sold price in Arkport was $192,500 in October 2024, up 16% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $350K-
N/A
3 $165.9K$165K
-0.6%
4 $99.9K$222.1K
+122.2%
5+ $215K-
N/A

Summary: Arkport 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 did not change, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 122.2%, and 5+ bedroom homes did not change.

Housing Supply in Arkport, NY

How many homes are available in Arkport, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Arkport real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Arkport 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 decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

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 Arkport, 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 Arkport in October 2024, up by 100.0% month-over-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 Arkport, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days5 Days-89.1%

Summary: Homes in Arkport had an average of 5 days on market in Oct 2024, down by 89.1% compared to 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 Arkport are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Arkport; 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 Arkport, NY

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