$4,452 Closing Credit*
$374,900
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 November 2023
Since last year, Locke has remained a Seller's 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
$190,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,000(-10.4%)
Key Takeaway
Homes in Locke have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Locke was $190,000 in November 2024, down 10.4% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181.5K | - | N/A |
| 2 Bedrooms | $142K | $213K | +50.0% |
| 3 Bedrooms | $212K | $179.9K | -15.1% |
| 4 Bedrooms | $297.5K | - | N/A |
| 5+ Bedrooms | $97.5K | - | N/A |
Summary: Locke 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 50%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes did not change, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Locke real estate market had 4 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Locke 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 60%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Locke, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Locke in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 3 Days | -94.1% |
Summary: Homes in Locke had an average of 3 days on market in Nov 2024, down by 94.1% compared to last year.
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
Key Takeaway
Many homes in Locke are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Locke; 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.
