Is Little Genesee, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little Genesee is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Little Genesee has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Little Genesee, NY

How much do homes in Little Genesee, NY cost?

Median Sold Price

$57,000

$26/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$2,000(-3.4%)

Key Takeaway

Homes in Little Genesee have sold for 3.4% less than they did a month ago.

Summary: The median home sold price in Little Genesee was $57,000 in December 2024, down 3.4% from last month, and the median price per square foot was $26.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $59K-
N/A
2 -$59K
N/A
3 --
N/A
4 -$55K
N/A
5+ --
N/A

Summary: Little Genesee housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Little Genesee
-3.4%
Genesee
-30.5%

Housing Supply in Little Genesee, NY

How many homes are available in Little Genesee, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The Little Genesee real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 00
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Little Genesee housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little Genesee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Little Genesee in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Little Genesee, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
71 Days7 Days-90.1%

Summary: Homes in Little Genesee had an average of 7 days on market in Dec 2024, down by 90.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Little Genesee; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Little Genesee, NY

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