$7,826 Closing Credit*
$659,000
1,150 SqFt
3 Beds
•2 Full Baths
Karen Goodell, Listing Office: ERA Team VP Real Estate
Is Chautauqua, 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, Chautauqua was a Seller's Market.
Key Takeaway
Chautauqua is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chautauqua, NY
How much do homes in Chautauqua, NY cost?
Median Sold Price
$328,002
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$26,997(-7.6%)
Key Takeaway
Homes in Chautauqua have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Chautauqua was $328,002 in November 2024, down 7.6% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178K | $216.7K | +21.8% |
| 2 Bedrooms | $235K | $275K | +17.0% |
| 3 Bedrooms | $337K | $365K | +8.3% |
| 4 Bedrooms | $500.7K | $584.8K | +16.8% |
| 5+ Bedrooms | $716K | $682.5K | -4.7% |
Summary: Chautauqua housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Ellery | $309.5K | $359K | +16.0% |
| Chautauqua | $355K | $328K | -7.6% |
| Dewittville | $282K | $250K | -11.3% |
Housing Supply in Chautauqua, NY
How many homes are available in Chautauqua, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Chautauqua real estate market had 29 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Chautauqua housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chautauqua, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chautauqua in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chautauqua, NY
How long does it take to sell a home in Chautauqua, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 39 Days | -35.9% |
Summary: Homes in Chautauqua had an average of 39 days on market in Nov 2024, down by 35.9% 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 Chautauqua are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Chautauqua; 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.
