$3,739 Closing Credit*
$314,900
1,581 SqFt
3 Beds
•3 Full Baths
Robyn Sansone, Listing Office: WNYbyOwner.com
Is Kenmore, 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, Kenmore has remained a Seller's Market.
Key Takeaway
Kenmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kenmore, NY
How much do homes in Kenmore, NY cost?
Median Sold Price
$250,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+4.2%)
Key Takeaway
Homes in Kenmore have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Kenmore was $250,000 in October 2024, up 4.2% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180.2K | $175.5K | -2.6% |
| 3 Bedrooms | $239K | $240K | 0.4% |
| 4 Bedrooms | $241K | $272.5K | +13.1% |
| 5+ Bedrooms | $270K | $297K | +10.0% |
Summary: Kenmore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Kenmore | $240K | $250K | +4.2% |
| Buffalo | $226.4K | $234.9K | +3.8% |
Housing Supply in Kenmore, NY
How many homes are available in Kenmore, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 47 | -29.9% |
Summary: The Kenmore real estate market had 47 homes for sale in October 2024, a 29.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 43 | 24 | -44.2% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Kenmore 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 increased by 75%, 3 bedroom homes decreased by 44.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kenmore, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Kenmore in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Kenmore, NY
How long does it take to sell a home in Kenmore, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 11 Days | -51.4% |
Summary: Homes in Kenmore had an average of 11 days on market in Oct 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kenmore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Kenmore; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
