$1,035 Closing Credit*
$87,120
2,560 SqFt
4 Beds
•1 Full Bath
Kevin R Kelly, Listing Office: Howard Hanna WNY Inc.
Is Collins, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$165,700
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$700(+0.4%)
Key Takeaway
The sold price of homes in Collins has remained the same since last year.
Summary: The median home sold price in Collins was $165,700 in November 2024, up 0.4% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $163K | $150K | -8.0% |
| 3 Bedrooms | $165K | $186.2K | +12.9% |
| 4 Bedrooms | $166K | $161.4K | -2.7% |
| 5+ Bedrooms | $211K | $315K | +49.3% |
Summary: Collins 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 8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 49.3%.
Median Sold Price Compared To Nearby Cities
| Persia | $130K | $145K | +11.5% |
| Collins | $165K | $165.7K | 0.4% |
| Gowanda | $156.9K | $157.5K | 0.4% |
Housing Supply in Collins, NY
How many homes are available in Collins, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Summary: The Collins real estate market had 10 homes for sale in November 2024, a 37.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 3 | -57.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Collins 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 decreased by 25%, 3 bedroom homes decreased by 57.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collins, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Collins in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 24 Days | -40.0% |
Summary: Homes in Collins had an average of 24 days on market in Nov 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 5 homes were sold in Collins; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
