$1,247 Closing Credit*
$105,000
2,162 SqFt
5 Beds
•2 Full Baths
Colleen M. Bracci, Listing Office: RE/MAX Realty Group
Is Genesee / Jefferson, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Genesee / Jefferson has remained a Seller's Market.
Key Takeaway
Genesee / Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Genesee / Jefferson, NY
How much do homes in Genesee / Jefferson, NY cost?
Median Sold Price
$80,000
$53/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$20,000(+33.3%)
Key Takeaway
Homes in Genesee / Jefferson have sold for 33.3% more than they did a year ago.
Summary: The median home sold price in Genesee / Jefferson was $80,000 in December 2024, up 33.3% from last year, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $45K | $61K | +35.6% |
| 3 Bedrooms | $63.5K | $83.5K | +31.5% |
| 4 Bedrooms | $70K | $80K | +14.3% |
| 5+ Bedrooms | $57K | $94.5K | +65.8% |
Summary: Genesee / Jefferson housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.6%, 3 bedroom homes increased by 31.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 65.8%.
Housing Supply in Genesee / Jefferson, NY
How many homes are available in Genesee / Jefferson, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 18 | -25.0% |
Summary: The Genesee / Jefferson real estate market had 18 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Genesee / Jefferson housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Genesee / Jefferson, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Genesee / Jefferson in December 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Genesee / Jefferson, NY
How long does it take to sell a home in Genesee / Jefferson, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 14 Days | 45 Days | +210.2% |
Summary: Homes in Genesee / Jefferson had an average of 45 days on market in Dec 2024, up by 210.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Genesee / Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Genesee / Jefferson; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
