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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastside is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Eastside, NY

How much do homes in Eastside, NY cost?

Median Sold Price

$239,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,000(+13.8%)

Key Takeaway

Homes in Eastside have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Eastside was $239,000 in November 2024, up 13.8% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$216.7K
N/A
2 $178.6K$175K
-2.0%
3 $202.5K$186K
-8.1%
4 $215K$280K
+30.2%
5+ $262K$300K
+14.5%

Summary: Eastside 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 2%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Neighborhoods

Eastwood
+15.6%
Eastside
+13.8%
Northside Syracuse
+13.7%
The Valley
+5.3%

Housing Supply in Eastside, NY

How many homes are available in Eastside, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8268-17.1%

Summary: The Eastside real estate market had 68 homes for sale in November 2024, a 17.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 4031
-22.5%
4 1918
-5.3%
5+ 1816
-11.1%

Summary: The Eastside 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 40%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1420+42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastside, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Eastside in November 2024, up by 42.9% month-over-month. Of the 20 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.

Days on Market for Eastside, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days8 Days+87.7%

Summary: Homes in Eastside had an average of 8 days on market in Nov 2024, up by 87.7% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in Eastside; 95% of homes were sold within 30 days, 5% 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 21 Days Ago

Newest Listings in Eastside, NY

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