$830 Closing Credit*
$69,900
1,410 SqFt
3 Beds
•1 Full Bath, 2 Partial
Lori J Koerner, Listing Office: S.A.W. Commission Cutters
Is Burns, 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, Burns was a Buyer's Market.
Key Takeaway
Burns is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burns, NY
How much do homes in Burns, NY cost?
Median Sold Price
$100,000
$98/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$57,500(+135.3%)
Key Takeaway
Homes in Burns have sold for 135.3% more than they did a month ago.
Summary: The median home sold price in Burns was $100,000 in November 2024, up 135.3% from last month, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $42.5K | $110K | +158.8% |
| 3 Bedrooms | - | $90K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Burns 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 increased by 158.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Burns | $42.5K | $100K | +135.3% |
| Canaseraga | $42.5K | $100K | +135.3% |
Housing Supply in Burns, NY
How many homes are available in Burns, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Burns real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burns 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 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +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
Key Takeaway
If you're buying a home in Burns, 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 Burns in November 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 Burns, NY
How long does it take to sell a home in Burns, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 10 Days | -77.8% |
Summary: Homes in Burns had an average of 10 days on market in Nov 2024, down by 77.8% compared to last month.
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
Key Takeaway
Many homes in Burns are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Burns; 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.
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.