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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewiston is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Lewiston 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 Lewiston, NY

How much do homes in Lewiston, NY cost?

Median Sold Price

$305,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,500(+11.9%)

Key Takeaway

Homes in Lewiston have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Lewiston was $305,000 in November 2024, up 11.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $253.5K$275K
+8.5%
3 $269.9K$292.5K
+8.4%
4 $299.9K$380K
+26.7%
5+ $395K$469.9K
+19.0%

Summary: Lewiston 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 increased by 8.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 19%.

Housing Supply in Lewiston, NY

How many homes are available in Lewiston, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5747-17.5%

Summary: The Lewiston real estate market had 47 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 116
-45.5%
3 2623
-11.5%
4 1714
-17.6%
5+ 34
+33.3%

Summary: The Lewiston 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 decreased by 45.5%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewiston, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Lewiston in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Lewiston, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days20 Days-22.0%

Summary: Homes in Lewiston had an average of 20 days on market in Nov 2024, down by 22% compared to last year.

Breakdown of Home Sale Times

5 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 Lewiston are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Lewiston; 71% of homes were sold within 30 days, 29% 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 21 Days Ago

Newest Listings in Lewiston, NY

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