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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evans is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Evans has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Evans, NY

How much do homes in Evans, NY cost?

Median Sold Price

$205,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+7.9%)

Key Takeaway

Homes in Evans have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Evans was $205,000 in November 2024, up 7.9% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$86.2K
-4.2%
2 $166K$161K
-3.0%
3 $195K$215K
+10.3%
4 $230K$268.7K
+16.8%
5+ $285K$262K
-8.1%

Summary: Evans housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Lake View
+22.2%
Evans
+7.9%
Derby
+4.2%
Angola
-1.8%

Housing Supply in Evans, NY

How many homes are available in Evans, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6857-16.2%

Summary: The Evans real estate market had 57 homes for sale in November 2024, a 16.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1112
+9.1%
3 3521
-40.0%
4 1111
0.0%
5+ 1112
+9.1%

Summary: The Evans 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 increased by 9.1%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15150.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evans, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Evans in November 2024, the same as the previous month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% were sold over asking.

Days on Market for Evans, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days10 Days-49.5%

Summary: Homes in Evans had an average of 10 days on market in Nov 2024, down by 49.5% compared to last year.

Breakdown of Home Sale Times

14 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 Evans are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Evans; 93% of homes were sold within 30 days, 7% 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 22 Days Ago

Newest Listings in Evans, NY

Nearby Markets to Evans, NY