Is Clarence Center, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarence Center is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Clarence Center 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 Clarence Center, NY

How much do homes in Clarence Center, NY cost?

Median Sold Price

$560,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,100(+5.7%)

Key Takeaway

Homes in Clarence Center have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Clarence Center was $560,000 in November 2024, up 5.7% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $500K$350K
-30.0%
3 $401.5K$427.5K
+6.5%
4 $600K$593.7K
-1.0%
5+ $725K$839.5K
+15.8%

Summary: Clarence Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Cities

Newstead
+21.7%
Clarence
+7.9%
Clarence Center
+5.7%
East Amherst
-5.8%
Royalton
-7.8%

Housing Supply in Clarence Center, NY

How many homes are available in Clarence Center, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2418-25.0%

Summary: The Clarence Center real estate market had 18 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 85
-37.5%
4 107
-30.0%
5+ 22
0.0%

Summary: The Clarence Center housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarence Center, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Clarence Center in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Clarence Center, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days47 Days+571.4%

Summary: Homes in Clarence Center had an average of 47 days on market in Nov 2024, up by 571.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clarence Center are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Clarence Center; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 25 Days Ago

Newest Listings in Clarence Center, NY

Nearby Markets to Clarence Center, NY

What housing markets are near Clarence Center, NY?