$4,464 Closing Credit*
$375,900
1,784 SqFt
2 Beds
•1 Full Bath
Laurie A. Wood, Listing Office: Land of Lakes Realty, Inc.
Is Locke, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Locke was a Neutral Market.
Key Takeaway
Locke is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Locke, NY
How much do homes in Locke, NY cost?
Median Sold Price
$199,900
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,900(+6.9%)
Key Takeaway
Homes in Locke have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Locke was $199,900 in October 2024, up 6.9% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $181.5K | N/A |
| 2 Bedrooms | $142K | $190K | +33.8% |
| 3 Bedrooms | $159.5K | $199.9K | +25.3% |
| 4 Bedrooms | $236K | $424.9K | +80.0% |
| 5+ Bedrooms | $97.5K | - | N/A |
Summary: Locke 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 increased by 33.8%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes did not change.
Housing Supply in Locke, NY
How many homes are available in Locke, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Locke real estate market had 7 homes for sale in October 2024, a 16.7% increase 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 | 5 | +25.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Locke 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 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Locke, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Locke in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Locke, NY
How long does it take to sell a home in Locke, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 22 Days | -60.1% |
Summary: Homes in Locke had an average of 22 days on market in Oct 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
2 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 Locke are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Locke; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
