$4,394 Closing Credit*
$370,000
1,640 SqFt
3 Beds
•2 Full Baths
Noah Taylor, Listing Office: Keller Williams Northern New York
Is Le Ray, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Le Ray was a Seller's Market.
Key Takeaway
Le Ray is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Le Ray, NY
How much do homes in Le Ray, NY cost?
Median Sold Price
$275,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+13.2%)
Key Takeaway
Homes in Le Ray have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Le Ray was $275,000 in November 2024, up 13.2% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157.5K | $99.2K | -37.0% |
| 3 Bedrooms | $230K | $275K | +19.6% |
| 4 Bedrooms | $258.9K | $325K | +25.5% |
| 5+ Bedrooms | $218.5K | $286.9K | +31.3% |
Summary: Le Ray 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 decreased by 37%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 31.3%.
Median Sold Price Compared To Nearby Cities
| Le Ray | $243K | $275K | +13.2% |
| Black River | $245.5K | $258.7K | +5.4% |
Housing Supply in Le Ray, NY
How many homes are available in Le Ray, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 36 | -2.7% |
Summary: The Le Ray real estate market had 36 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Le Ray 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Le Ray, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Le Ray in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Le Ray, NY
How long does it take to sell a home in Le Ray, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 55 Days | -2.7% |
Summary: Homes in Le Ray had an average of 55 days on market in Nov 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Le Ray are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Le Ray; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
