$1,543 Closing Credit*
$129,900
1,396 SqFt
2 Beds
•1 Full Bath
Brian M Szkatulski, Listing Office: Danahy Real Estate
Is Collins, 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, Collins has remained a Seller's Market.
Key Takeaway
Collins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collins, NY
How much do homes in Collins, NY cost?
Median Sold Price
$186,250
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,250(+12.9%)
Key Takeaway
Homes in Collins have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Collins was $186,250 in October 2024, up 12.9% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $163K | $206K | +26.4% |
| 3 Bedrooms | $152.5K | $215K | +41.0% |
| 4 Bedrooms | $166K | $160K | -3.6% |
| 5+ Bedrooms | $211K | $230.7K | +9.4% |
Summary: Collins housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 41%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
| Collins | $165K | $186.2K | +12.9% |
| Gowanda | $154.9K | $165K | +6.5% |
Housing Supply in Collins, NY
How many homes are available in Collins, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Summary: The Collins real estate market had 10 homes for sale in October 2024, a 41.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Collins housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collins, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Collins in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Collins, NY
How long does it take to sell a home in Collins, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 14 Days | +1.2% |
Summary: Homes in Collins had an average of 14 days on market in Oct 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collins are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Collins; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
