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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Champion is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Champion was a Seller's Market.

Key Takeaway

Champion 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 Champion, NY

How much do homes in Champion, NY cost?

Median Sold Price

$215,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$4,500(-2.1%)

Key Takeaway

Homes in Champion have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Champion was $215,000 in December 2024, down 2.1% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $130K$184K
+41.5%
2 $90.1K$97K
+7.7%
3 $210K$239K
+13.8%
4 $252.8K$202.5K
-19.9%
5+ $361K$192.5K
-46.7%

Summary: Champion housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.5%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes decreased by 46.7%.

Median Sold Price Compared To Nearby Cities

West Carthage
+14.3%
Champion
-2.1%

Housing Supply in Champion, NY

How many homes are available in Champion, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3631-13.9%

Summary: The Champion real estate market had 31 homes for sale in December 2024, a 13.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1612
-25.0%
4 1212
0.0%
5+ 66
0.0%

Summary: The Champion 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Champion, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Champion in December 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Champion, NY

How long does it take to sell a home in Champion, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days141 Days+381.2%

Summary: Homes in Champion had an average of 141 days on market in Dec 2024, up by 381.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Champion are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 5 homes were sold in Champion; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 Champion, NY

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