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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henrietta is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Henrietta, NY

How much do homes in Henrietta, NY cost?

Median Sold Price

$284,950

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,950(+11.7%)

Key Takeaway

Homes in Henrietta have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Henrietta was $284,950 in November 2024, up 11.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $139.9K-
N/A
2 $239K$247.2K
+3.5%
3 $241.5K$275K
+13.9%
4 $285K$300.3K
+5.4%
5+ $290K$324K
+11.7%

Summary: Henrietta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 11.7%.

Median Sold Price Compared To Nearby Cities

Henrietta
+11.7%
Chili
+10.8%
Mendon
+8.9%
West Henrietta
+8.0%
Brighton
+7.9%

Housing Supply in Henrietta, NY

How many homes are available in Henrietta, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9867-31.6%

Summary: The Henrietta real estate market had 67 homes for sale in November 2024, a 31.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 5141
-19.6%
4 2615
-42.3%
5+ 147
-50.0%

Summary: The Henrietta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes decreased by 42.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
30300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henrietta, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Henrietta in November 2024, the same as the previous month. Of the 30 sold homes, 13% were sold under asking, 3% were sold at asking, and 83% were sold over asking.

Days on Market for Henrietta, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days8 Days-19.7%

Summary: Homes in Henrietta had an average of 8 days on market in Nov 2024, down by 19.7% compared to last year.

Breakdown of Home Sale Times

29 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 Henrietta are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in Henrietta; 97% of homes were sold within 30 days, 3% 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 21 Days Ago

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