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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Irondequoit is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Irondequoit, NY

How much do homes in Irondequoit, NY cost?

Median Sold Price

$226,466

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$21,395(+10.4%)

Key Takeaway

Homes in Irondequoit have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Irondequoit was $226,466 in September 2024, up 10.4% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $99.5K$131K
+31.7%
2 $175K$203K
+16.0%
3 $210K$225K
+7.1%
4 $225K$264.9K
+17.8%
5+ $291K$281.2K
-3.4%

Summary: Irondequoit housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.7%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Cities

Irondequoit
+10.4%
Penfield
+8.2%
Rochester
+7.9%

Housing Supply in Irondequoit, NY

How many homes are available in Irondequoit, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
192185-3.6%

Summary: The Irondequoit real estate market had 185 homes for sale in September 2024, a 3.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 21
-50.0%
2 2929
0.0%
3 116114
-1.7%
4 3534
-2.9%
5+ 107
-30.0%

Summary: The Irondequoit housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
7358-20.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

51 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Irondequoit, you could pay more than the asking price. 87.9% of homes here sold above asking price last month.

Summary: A total of 58 homes were sold or pending in Irondequoit in September 2024, down by 20.5% month-over-month. Of the 58 sold homes, 3% were sold under asking, 9% were sold at asking, and 88% were sold over asking.

Days on Market for Irondequoit, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
9 Days9 Days+3.9%

Summary: Homes in Irondequoit had an average of 9 days on market in Sep 2024, up by 3.9% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 58 homes were sold in Irondequoit; 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 29 Days Ago

Newest Listings in Irondequoit, NY

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