$1,899 Closing Credit*
$159,900
1,088 SqFt
3 Beds
•2 Full Baths
John C. Triska, Listing Office: Crown Realty
Is Cayuga County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cayuga County was a Seller's Market.
Key Takeaway
Cayuga County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cayuga County, NY
How much do homes in Cayuga County, NY cost?
Median Sold Price
$185,500
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,375(+5.9%)
Key Takeaway
Homes in Cayuga County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Cayuga County was $185,500 in November 2024, up 5.9% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $130K | -25.7% |
| 2 Bedrooms | $145K | $175K | +20.7% |
| 3 Bedrooms | $180K | $187K | +3.9% |
| 4 Bedrooms | $209K | $190K | -9.1% |
| 5+ Bedrooms | $175K | $176K | +0.6% |
Summary: Cayuga County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.7%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Counties
| Wayne County | $200.8K | $222.4K | +10.8% |
| Oswego County | $165.3K | $180.5K | +9.2% |
| Seneca County | $165.2K | $180K | +8.9% |
| Onondaga County | $219.9K | $234.7K | +6.7% |
| Cayuga County | $175.1K | $185.5K | +5.9% |
Housing Supply in Cayuga County, NY
How many homes are available in Cayuga County, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 258 | 214 | -17.1% |
Summary: The Cayuga County real estate market had 214 homes for sale in November 2024, a 17.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 120 | 96 | -20.0% |
| 4 Bedrooms | 68 | 60 | -11.8% |
| 5+ Bedrooms | 42 | 32 | -23.8% |
Summary: The Cayuga County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 23.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 35 | -32.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 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. 65.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Cayuga County in November 2024, down by 32.7% month-over-month. Of the 35 sold homes, 66% were sold under asking, 3% were sold at asking, and 31% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 36 Days | -3.6% |
Summary: Homes in Cayuga County had an average of 36 days on market in Nov 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cayuga County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in Cayuga County; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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.