$3,859 Closing Credit*
$325,000
3,226 SqFt
5 Beds
•3 Full Baths
Tara Walrod, Listing Office: Walrod Realty
Is Busti, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Busti has remained a Seller's Market.
Key Takeaway
Busti is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Busti, NY
How much do homes in Busti, NY cost?
Median Sold Price
$247,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,000(+18.8%)
Key Takeaway
Homes in Busti have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Busti was $247,000 in October 2024, up 18.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $194.9K | +2.6% |
| 2 Bedrooms | $135K | $152.5K | +13.0% |
| 3 Bedrooms | $206.5K | $247K | +19.6% |
| 4 Bedrooms | $268K | $304.5K | +13.6% |
| 5+ Bedrooms | $215.1K | $275.5K | +28.1% |
Summary: Busti housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 28.1%.
Housing Supply in Busti, NY
How many homes are available in Busti, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 41 | +5.1% |
Summary: The Busti real estate market had 41 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Busti housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Busti, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Busti in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Busti, NY
How long does it take to sell a home in Busti, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 15 Days | +44.5% |
Summary: Homes in Busti had an average of 15 days on market in Oct 2024, up by 44.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Busti are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Busti; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
