$4,155 Closing Credit*
$349,900
2,184 SqFt
4 Beds
•2 Full Baths, 1 Partial
Gaetano Belmonte, Listing Office: Hunt Real Estate ERA
Is De Witt, 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, De Witt has remained a Seller's Market.
Key Takeaway
De Witt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in De Witt, NY
How much do homes in De Witt, NY cost?
Median Sold Price
$270,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,833(+1.8%)
Key Takeaway
Homes in De Witt have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in De Witt was $270,500 in November 2024, up 1.8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $133.5K | +11.3% |
| 2 Bedrooms | $165K | $166.7K | +1.1% |
| 3 Bedrooms | $212.4K | $250.7K | +18.0% |
| 4 Bedrooms | $335K | $375K | +11.9% |
| 5+ Bedrooms | $397.5K | $390K | -1.9% |
Summary: De Witt housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Jamesville | $361K | $440K | +21.9% |
| Salina | $190K | $209.9K | +10.5% |
| East Syracuse | $210K | $230K | +9.5% |
| Syracuse | $170.5K | $180K | +5.6% |
| De Witt | $265.6K | $270.5K | +1.8% |
Housing Supply in De Witt, NY
How many homes are available in De Witt, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 69 | -23.3% |
Summary: The De Witt real estate market had 69 homes for sale in November 2024, a 23.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 9 | 3 | -66.7% |
| 3 Bedrooms | 35 | 27 | -22.9% |
| 4 Bedrooms | 27 | 21 | -22.2% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The De Witt housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in De Witt, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in De Witt in November 2024, down by 36.4% month-over-month. Of the 14 sold homes, 21% were sold under asking, 0% were sold at asking, and 79% were sold over asking.
Days on Market for De Witt, NY
How long does it take to sell a home in De Witt, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 7 Days | -56.0% |
Summary: Homes in De Witt had an average of 7 days on market in Nov 2024, down by 56% compared to last year.
Breakdown of Home Sale Times
14 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 De Witt are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in De Witt; 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.
