$4,155 Closing Credit*
$349,900
1,782 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kirsten C Goodman, Listing Office: Howard Hanna Real Estate
Is Central Square, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Central Square was a Buyer's Market.
Key Takeaway
Central Square 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 Central Square, NY
How much do homes in Central Square, NY cost?
Median Sold Price
$250,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,500(+5.7%)
Key Takeaway
Homes in Central Square have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Central Square was $250,000 in December 2024, up 5.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149.5K | $250K | +67.2% |
| 3 Bedrooms | $215K | $225K | +4.7% |
| 4 Bedrooms | $344.9K | $273.9K | -20.6% |
| 5+ Bedrooms | $337K | $377.5K | +12.0% |
Summary: Central Square 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 67.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| Hastings | $231.3K | $268K | +15.8% |
| Central Square | $236.5K | $250K | +5.7% |
Housing Supply in Central Square, NY
How many homes are available in Central Square, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Central Square real estate market had 19 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Central Square 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Central Square, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Central Square in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Central Square, NY
How long does it take to sell a home in Central Square, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 13 Days | 19 Days | +40.7% |
Summary: Homes in Central Square had an average of 19 days on market in Dec 2024, up by 40.7% compared to last year.
Breakdown of Home Sale Times
2 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 Central Square are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Central Square; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
