$4,144 Closing Credit*
$349,000
1,515 SqFt
5 Beds
•1 Full Bath, 1 Partial
Gina Kadah, Listing Office: Howard Hanna Real Estate
Is Eastside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Eastside has remained a Seller's 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
$242,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,500(+15.5%)
Key Takeaway
Homes in Eastside have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Eastside was $242,500 in October 2024, up 15.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $216.7K | N/A |
| 2 Bedrooms | $175K | $177.5K | +1.4% |
| 3 Bedrooms | $204K | $190.5K | -6.6% |
| 4 Bedrooms | $210K | $296K | +41.0% |
| 5+ Bedrooms | $261K | $310K | +18.8% |
Summary: Eastside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 41%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastside | $210K | $242.5K | +15.5% |
| Eastwood | $159K | $176K | +10.7% |
| Northside Syracuse | $130K | $143.3K | +10.3% |
| The Valley | $145K | $155K | +6.9% |
Housing Supply in Eastside, NY
How many homes are available in Eastside, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 67 | -17.3% |
Summary: The Eastside real estate market had 67 homes for sale in October 2024, a 17.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 21 | 16 | -23.8% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Eastside 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 decreased by 33.3%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastside, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Eastside in October 2024, down by 29.4% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 12 Days | -29.0% |
Summary: Homes in Eastside had an average of 12 days on market in Oct 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
11 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 Eastside are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Eastside; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
