$1,099,000
213.83 Acres
Land
•3 Full Baths
Richard Borza, Listing Office: Ted Leader Real Estate
Is Cincinnatus, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cincinnatus was a Seller's Market.
Key Takeaway
Cincinnatus is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cincinnatus, NY
How much do homes in Cincinnatus, NY cost?
Median Sold Price
$95,400
$122/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$204,600(-68.2%)
Key Takeaway
Homes in Cincinnatus have sold for 68.2% less than they did a month ago.
Summary: The median home sold price in Cincinnatus was $95,400 in October 2024, down 68.2% from last month, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $300K | $95.4K | -68.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cincinnatus housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 68.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cincinnatus, NY
How many homes are available in Cincinnatus, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Summary: The Cincinnatus real estate market had 10 homes for sale in October 2024, a 233.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Cincinnatus housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cincinnatus, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cincinnatus in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cincinnatus, NY
How long does it take to sell a home in Cincinnatus, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 59 Days | +13.5% |
Summary: Homes in Cincinnatus had an average of 59 days on market in Oct 2024, up by 13.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cincinnatus has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Cincinnatus; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
