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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horseheads is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Horseheads has remained a Buyer's Market.

Key Takeaway

Horseheads is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Horseheads, NY

How much do homes in Horseheads, NY cost?

Median Sold Price

$305,000

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$30,000(+10.9%)

Key Takeaway

Homes in Horseheads have sold for 10.9% more than they did a month ago.

Summary: The median home sold price in Horseheads was $305,000 in November 2024, up 10.9% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $218.5K$305K
+39.6%
4 --
N/A
5+ $315K-
N/A

Summary: Horseheads housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 39.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Horseheads, NY

How many homes are available in Horseheads, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5878+34.5%

Summary: The Horseheads real estate market had 78 homes for sale in November 2024, a 34.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 3038
+26.7%
4 1828
+55.6%
5+ 55
0.0%

Summary: The Horseheads 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 increased by 40%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horseheads, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Horseheads in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Horseheads, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
21 Days18 Days-16.9%

Summary: Homes in Horseheads had an average of 18 days on market in Nov 2024, down by 16.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Horseheads are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Horseheads; 100% of homes were sold within 30 days, 0% 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 29 Days Ago

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