$1,692 Closing Credit*
$142,500
1,499 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rae Ellen Kyler, Listing Office: Century 21 Turner Brokers
Is Chautauqua 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, Chautauqua County was a Seller's Market.
Key Takeaway
Chautauqua 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 Chautauqua County, NY
How much do homes in Chautauqua County, NY cost?
Median Sold Price
$149,977
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,187(+8.8%)
Key Takeaway
Homes in Chautauqua County have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Chautauqua County was $149,977 in November 2024, up 8.8% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $165K | +32.0% |
| 2 Bedrooms | $130K | $145K | +11.5% |
| 3 Bedrooms | $138.8K | $155K | +11.6% |
| 4 Bedrooms | $140K | $143.8K | +2.8% |
| 5+ Bedrooms | $160K | $146K | -8.8% |
Summary: Chautauqua County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Counties
| Cattaraugus County | $140K | $154.8K | +10.6% |
| Chautauqua County | $137.7K | $149.9K | +8.8% |
| Erie County | $250K | $260K | +4.0% |
Housing Supply in Chautauqua County, NY
How many homes are available in Chautauqua County, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 547 | 451 | -17.6% |
Summary: The Chautauqua County real estate market had 451 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 9 | -47.1% |
| 2 Bedrooms | 91 | 67 | -26.4% |
| 3 Bedrooms | 223 | 184 | -17.5% |
| 4 Bedrooms | 131 | 109 | -16.8% |
| 5+ Bedrooms | 85 | 82 | -3.5% |
Summary: The Chautauqua County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 47.1%, 2 bedroom homes decreased by 26.4%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes decreased by 3.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 67 | -32.3% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 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. 70.1% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Chautauqua County in November 2024, down by 32.3% month-over-month. Of the 67 sold homes, 70% were sold under asking, 12% were sold at asking, and 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 48 Days | +22.2% |
Summary: Homes in Chautauqua County had an average of 48 days on market in Nov 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
9 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 November 2024, 67 homes were sold in Chautauqua County; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
