$150,000
1.40 Acres
Land
•2 Full Baths
Jacqueline M Kline, Listing Office: Great Lakes Real Estate Inc.
Is Cambria, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cambria has remained a Seller's Market.
Key Takeaway
Cambria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cambria, NY
How much do homes in Cambria, NY cost?
Median Sold Price
$285,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.7%)
Key Takeaway
Homes in Cambria have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Cambria was $285,000 in November 2024, down 1.7% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $234K | $271.5K | +16.0% |
| 3 Bedrooms | $295K | $311K | +5.4% |
| 4 Bedrooms | $360K | $285K | -20.8% |
| 5+ Bedrooms | $230K | $392.5K | +70.7% |
Summary: Cambria housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 70.7%.
Median Sold Price Compared To Nearby Cities
| Wheatfield | $331.4K | $390K | +17.7% |
| Ransomville | $237K | $277K | +16.9% |
| Newfane | $230K | $230K | 0.0% |
| Cambria | $290K | $285K | -1.7% |
| Sanborn | $295K | $273.2K | -7.4% |
Housing Supply in Cambria, NY
How many homes are available in Cambria, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 16 | -36.0% |
Summary: The Cambria real estate market had 16 homes for sale in November 2024, a 36.0% decrease 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 | 17 | 12 | -29.4% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cambria 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 decreased by 29.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cambria, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Cambria in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Cambria, NY
How long does it take to sell a home in Cambria, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 15 Days | +2.7% |
Summary: Homes in Cambria had an average of 15 days on market in Nov 2024, up by 2.7% compared to last year.
Breakdown of Home Sale Times
4 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 Cambria are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Cambria; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
