$297 Closing Credit*
$25,000
2,700 SqFt
4 Beds
•2 Full Baths
Robin K. Glover, Listing Office: Howard Hanna
Is Canisteo, 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, Canisteo has remained a Seller's Market.
Key Takeaway
Canisteo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canisteo, NY
How much do homes in Canisteo, NY cost?
Median Sold Price
$154,397
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,397(+60.8%)
Key Takeaway
Homes in Canisteo have sold for 60.8% more than they did a year ago.
Summary: The median home sold price in Canisteo was $154,397 in October 2024, up 60.8% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.5K | - | N/A |
| 2 Bedrooms | $82.6K | $103.7K | +25.5% |
| 3 Bedrooms | $120.9K | $170K | +40.6% |
| 4 Bedrooms | $169.5K | $157.1K | -7.3% |
| 5+ Bedrooms | $345K | $171.9K | -50.2% |
Summary: Canisteo 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 25.5%, 3 bedroom homes increased by 40.6%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 50.2%.
Housing Supply in Canisteo, NY
How many homes are available in Canisteo, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Canisteo real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Canisteo 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 Canisteo, 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 Canisteo in October 2024, the same as the previous 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 Canisteo, NY
How long does it take to sell a home in Canisteo, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 59 Days | +420.6% |
Summary: Homes in Canisteo had an average of 59 days on market in Oct 2024, up by 420.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Canisteo are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Canisteo; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
