Is Cuba, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cuba is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cuba has remained a Seller's Market.

Key Takeaway

Cuba is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cuba, NY

How much do homes in Cuba, NY cost?

Median Sold Price

$142,000

$53/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$2,000(+1.4%)

Key Takeaway

Homes in Cuba have sold for 1.4% more than they did a month ago.

Summary: The median home sold price in Cuba was $142,000 in December 2024, up 1.4% from last month, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $119.9K-
N/A
3 -$425K
N/A
4 $370K$76K
-79.5%
5+ $60K-
N/A

Summary: Cuba housing prices by bedroom type for December 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 did not change, 4 bedroom homes decreased by 79.5%, and 5+ bedroom homes did not change.

Housing Supply in Cuba, NY

How many homes are available in Cuba, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2014-30.0%

Summary: The Cuba real estate market had 14 homes for sale in December 2024, a 30.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 52
-60.0%
3 44
0.0%
4 85
-37.5%
5+ 22
0.0%

Summary: The Cuba housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cuba, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cuba in December 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cuba, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
45 Days49 Days+8.6%

Summary: Homes in Cuba had an average of 49 days on market in Dec 2024, up by 8.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cuba has remained consistent over time.

Summary: During December 2024, 3 homes were sold in Cuba; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Cuba, NY

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