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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lysander is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Lysander has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lysander, NY

How much do homes in Lysander, NY cost?

Median Sold Price

$342,500

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,833(+6.5%)

Key Takeaway

Homes in Lysander have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Lysander was $342,500 in November 2024, up 6.5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$210K
N/A
2 $213.3K$260K
+21.9%
3 $299K$305.2K
+2.1%
4 $376.7K$382.5K
+1.5%
5+ $435K$480K
+10.3%

Summary: Lysander 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 21.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Van Buren
+21.8%
Phoenix
+18.6%
Lysander
+6.5%
Baldwinsville
+5.6%

Housing Supply in Lysander, NY

How many homes are available in Lysander, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11094-14.5%

Summary: The Lysander real estate market had 94 homes for sale in November 2024, a 14.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 6252
-16.1%
4 2923
-20.7%
5+ 78
+14.3%

Summary: The Lysander 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 8.3%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
22220.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lysander, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Lysander in November 2024, the same as the previous month. Of the 22 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% were sold over asking.

Days on Market for Lysander, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days101 Days+615.7%

Summary: Homes in Lysander had an average of 101 days on market in Nov 2024, up by 615.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in Lysander; 59% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 18% 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 22 Days Ago

Newest Listings in Lysander, NY

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