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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cambria is a seller's market

Buyer's
Market

Difference Since December 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

$280,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,000(-5.1%)

Key Takeaway

Homes in Cambria have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Cambria was $280,000 in December 2024, down 5.1% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $234K$271.5K
+16.0%
3 $300K$272.5K
-9.2%
4 $360K$329K
-8.6%
5+ $230K$412.5K
+79.3%

Summary: Cambria housing prices by bedroom type for December 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 decreased by 9.2%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 79.3%.

Median Sold Price Compared To Nearby Cities

Ransomville
+16.8%
Wheatfield
+15.9%
Newfane
+7.3%
Cambria
-5.1%
Sanborn
-8.9%

Housing Supply in Cambria, NY

How many homes are available in Cambria, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2215-31.8%

Summary: The Cambria real estate market had 15 homes for sale in December 2024, a 31.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1813
-27.8%
4 32
-33.3%
5+ 00
0.0%

Summary: The Cambria housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cambria, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Cambria in December 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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

Dec 2023Dec 2024CHANGE
26 Days15 Days-41.3%

Summary: Homes in Cambria had an average of 15 days on market in Dec 2024, down by 41.3% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cambria are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in Cambria; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Cambria, NY

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