$2,374 Closing Credit*
$199,900
1,740 SqFt
2 Beds
•1 Full Bath
Heather Shea-Canaley, Listing Office: ERA Team VP Real Estate
Is Chautauqua 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, Chautauqua County has remained a Seller's Market.
Key Takeaway
Chautauqua County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chautauqua County, NY
How much do homes in Chautauqua County, NY cost?
Median Sold Price
$147,422
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,304(+6.0%)
Key Takeaway
Homes in Chautauqua County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Chautauqua County was $147,422 in October 2024, up 6% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $165K | +32.0% |
| 2 Bedrooms | $129.9K | $141K | +8.5% |
| 3 Bedrooms | $140K | $149.9K | +7.1% |
| 4 Bedrooms | $139.9K | $144K | +2.9% |
| 5+ Bedrooms | $175K | $140K | -20.0% |
Summary: Chautauqua County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Counties
| Cattaraugus County | $140K | $150K | +7.1% |
| Chautauqua County | $139.1K | $147.4K | +6.0% |
| Erie County | $250K | $259.7K | +3.9% |
Housing Supply in Chautauqua County, NY
How many homes are available in Chautauqua County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 572 | 531 | -7.2% |
Summary: The Chautauqua County real estate market had 531 homes for sale in October 2024, a 7.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 17 | -26.1% |
| 2 Bedrooms | 98 | 87 | -11.2% |
| 3 Bedrooms | 221 | 212 | -4.1% |
| 4 Bedrooms | 138 | 134 | -2.9% |
| 5+ Bedrooms | 92 | 81 | -12.0% |
Summary: The Chautauqua County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 26.1%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 92 | -17.1% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chautauqua County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 92 homes were sold or pending in Chautauqua County in October 2024, down by 17.1% month-over-month. Of the 92 sold homes, 53% were sold under asking, 18% were sold at asking, and 28% were sold over asking.
Days on Market for Chautauqua County, NY
How long does it take to sell a home in Chautauqua County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +22.8% |
Summary: Homes in Chautauqua County had an average of 38 days on market in Oct 2024, up by 22.8% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chautauqua County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 92 homes were sold in Chautauqua County; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 15% 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.