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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dewittville is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dewittville was a Neutral Market.

Key Takeaway

Dewittville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dewittville, NY

How much do homes in Dewittville, NY cost?

Median Sold Price

$250,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-10.7%)

Key Takeaway

Homes in Dewittville have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in Dewittville was $250,000 in October 2024, down 10.7% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $154K$162.5K
+5.5%
2 $240K$250K
+4.2%
3 $283.5K$330K
+16.4%
4 $350.7K$205K
-41.6%
5+ $650K-
N/A

Summary: Dewittville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 41.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ellery
+21.9%
Stockton
-0.6%
Dewittville
-10.7%
Chautauqua
-12.6%

Housing Supply in Dewittville, NY

How many homes are available in Dewittville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The Dewittville real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 55
0.0%
3 31
-66.7%
4 22
0.0%
5+ 11
0.0%

Summary: The Dewittville 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Dewittville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Dewittville in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dewittville, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days22 Days+83.3%

Summary: Homes in Dewittville had an average of 22 days on market in Oct 2024, up by 83.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Dewittville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Dewittville, NY

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