$2,019 Closing Credit*
$170,000
810 SqFt
2 Beds
•1 Full Bath
June E Spencer, Listing Office: Howard Hanna WNY Inc.
Is Getzville, 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, Getzville has remained a Seller's Market.
Key Takeaway
Getzville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Getzville, NY
How much do homes in Getzville, NY cost?
Median Sold Price
$334,350
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$85,650(-20.4%)
Key Takeaway
Homes in Getzville have sold for 20.4% less than they did a year ago.
Summary: The median home sold price in Getzville was $334,350 in October 2024, down 20.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115.1K | $150K | +30.3% |
| 2 Bedrooms | $174K | $171K | -1.7% |
| 3 Bedrooms | $385K | $345K | -10.4% |
| 4 Bedrooms | $480K | $487.5K | +1.6% |
| 5+ Bedrooms | $539K | $660K | +22.4% |
Summary: Getzville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.3%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Cities
| Amherst | $328.6K | $335.3K | +2.0% |
| East Amherst | $447.5K | $440K | -1.7% |
| Getzville | $420K | $334.3K | -20.4% |
Housing Supply in Getzville, NY
How many homes are available in Getzville, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 18 | -25.0% |
Summary: The Getzville real estate market had 18 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Getzville 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 37.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Getzville, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Getzville in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Getzville, NY
How long does it take to sell a home in Getzville, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 22 Days | +172.8% |
Summary: Homes in Getzville had an average of 22 days on market in Oct 2024, up by 172.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Getzville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Getzville; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
