$1,839 Closing Credit*
$154,900
1,363 SqFt
3 Beds
•1 Full Bath, 2 Partial
Cheryl A. Stebbins, Listing Office: Emmi's Realty Inc
Is Cayuga County, 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, Cayuga County has remained a Seller's Market.
Key Takeaway
Cayuga County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cayuga County, NY
How much do homes in Cayuga County, NY cost?
Median Sold Price
$184,833
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,619(+5.5%)
Key Takeaway
Homes in Cayuga County have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Cayuga County was $184,833 in October 2024, up 5.5% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.4K | $155.7K | -7.0% |
| 2 Bedrooms | $140K | $167K | +19.3% |
| 3 Bedrooms | $175.1K | $190K | +8.5% |
| 4 Bedrooms | $210K | $185.5K | -11.7% |
| 5+ Bedrooms | $175K | $177K | +1.1% |
Summary: Cayuga County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Counties
| Seneca County | $160K | $180K | +12.5% |
| Wayne County | $200K | $225K | +12.5% |
| Oswego County | $164.9K | $180K | +9.2% |
| Onondaga County | $218.8K | $232.1K | +6.1% |
| Cayuga County | $175.2K | $184.8K | +5.5% |
Housing Supply in Cayuga County, NY
How many homes are available in Cayuga County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 246 | 239 | -2.8% |
Summary: The Cayuga County real estate market had 239 homes for sale in October 2024, a 2.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 25 | 23 | -8.0% |
| 3 Bedrooms | 108 | 110 | +1.9% |
| 4 Bedrooms | 69 | 64 | -7.2% |
| 5+ Bedrooms | 39 | 39 | 0.0% |
Summary: The Cayuga County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 48 | +6.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cayuga County, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Cayuga County in October 2024, up by 6.7% month-over-month. Of the 48 sold homes, 48% were sold under asking, 6% were sold at asking, and 46% were sold over asking.
Days on Market for Cayuga County, NY
How long does it take to sell a home in Cayuga County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 16 Days | -53.2% |
Summary: Homes in Cayuga County had an average of 16 days on market in Oct 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cayuga County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 48 homes were sold in Cayuga County; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.