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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brocton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Brocton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brocton, NY

How much do homes in Brocton, NY cost?

Median Sold Price

$150,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,064(+0.7%)

Key Takeaway

Homes in Brocton have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Brocton was $150,000 in October 2024, up 0.7% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $125K$130K
+4.0%
3 $160K$148.4K
-7.2%
4 $161K$205K
+27.3%
5+ $148.9K-
N/A

Summary: Brocton 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 4%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Portland
+18.6%
Brocton
+0.7%

Housing Supply in Brocton, NY

How many homes are available in Brocton, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Brocton real estate market had 7 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 11
0.0%
3 54
-20.0%
4 02
+100.0%
5+ 10
-100.0%

Summary: The Brocton 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 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brocton, 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 Brocton in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Brocton, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days15 Days-21.1%

Summary: Homes in Brocton had an average of 15 days on market in Oct 2024, down by 21.1% compared to last year.

Breakdown of Home Sale Times

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

Summary: During October 2024, 2 homes were sold in Brocton; 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 20 Days Ago

Newest Listings in Brocton, NY

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