$2,849 Closing Credit*
$239,900
1,950 SqFt
4 Beds
•1 Full Bath, 1 Partial
Rita A Zambito, Listing Office: Berkshire Hathaway Homeservices Zambito Realtors
Is Genesee County, 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, Genesee County has remained a Seller's Market.
Key Takeaway
Genesee County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Genesee County, NY
How much do homes in Genesee County, NY cost?
Median Sold Price
$187,500
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,520(+4.2%)
Key Takeaway
Homes in Genesee County have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Genesee County was $187,500 in October 2024, up 4.2% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126.5K | $113.5K | -10.3% |
| 2 Bedrooms | $144K | $152.5K | +5.9% |
| 3 Bedrooms | $184.5K | $189.5K | +2.7% |
| 4 Bedrooms | $179.9K | $191.5K | +6.4% |
| 5+ Bedrooms | $205.9K | $225K | +9.2% |
Summary: Genesee County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Counties
| Livingston County | $195K | $236.6K | +21.4% |
| Wyoming County | $160K | $175K | +9.4% |
| Monroe County | $226K | $240.5K | +6.4% |
| Orleans County | $155.3K | $165K | +6.2% |
| Genesee County | $179.9K | $187.5K | +4.2% |
Housing Supply in Genesee County, NY
How many homes are available in Genesee County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 171 | 140 | -18.1% |
Summary: The Genesee County real estate market had 140 homes for sale in October 2024, a 18.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 27 | 25 | -7.4% |
| 3 Bedrooms | 78 | 64 | -17.9% |
| 4 Bedrooms | 49 | 35 | -28.6% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Genesee County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 41 | -8.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Genesee County, you could pay more than the asking price. 61% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Genesee County in October 2024, down by 8.9% month-over-month. Of the 41 sold homes, 27% were sold under asking, 12% were sold at asking, and 61% were sold over asking.
Days on Market for Genesee County, NY
How long does it take to sell a home in Genesee County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -13.7% |
Summary: Homes in Genesee County had an average of 19 days on market in Oct 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Genesee County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 41 homes were sold in Genesee County; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.