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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaSalle is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, LaSalle was a Seller's Market.

Key Takeaway

LaSalle is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in LaSalle, NY

How much do homes in LaSalle, NY cost?

Median Sold Price

$165,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,500(+12.6%)

Key Takeaway

Homes in LaSalle have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in LaSalle was $165,000 in October 2024, up 12.6% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $130K$127K
-2.3%
3 $135K$145K
+7.4%
4 $140K$170K
+21.4%
5+ $179K$285.6K
+59.6%

Summary: LaSalle 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 2.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 59.6%.

Median Sold Price Compared To Nearby Neighborhoods

University
+24.2%
Kenfield
+20.8%
Kensington
+15.0%
LaSalle
+12.6%

Housing Supply in LaSalle, NY

How many homes are available in LaSalle, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3532-8.6%

Summary: The LaSalle real estate market had 32 homes for sale in October 2024, a 8.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1311
-15.4%
4 1415
+7.1%
5+ 76
-14.3%

Summary: The LaSalle 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 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in LaSalle, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in LaSalle in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for LaSalle, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days19 Days-50.2%

Summary: Homes in LaSalle had an average of 19 days on market in Oct 2024, down by 50.2% compared to last year.

Breakdown of Home Sale Times

4 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 LaSalle are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in LaSalle; 80% of homes were sold within 30 days, 20% 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 23 Days Ago

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