$1,424 Closing Credit*
$119,900
2,007 SqFt
6 Beds
•2 Full Baths
Jean-Michel Reed, Listing Office: Reed Realty of WNY LLC
Is Masten Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Masten Park has remained a Buyer's Market.
Key Takeaway
Masten Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Masten Park, NY
How much do homes in Masten Park, NY cost?
Median Sold Price
$240,000
$158/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$52,500(+28.0%)
Key Takeaway
Homes in Masten Park have sold for 28% more than they did a month ago.
Summary: The median home sold price in Masten Park was $240,000 in October 2024, up 28% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $240K | N/A |
| 4 Bedrooms | $50K | - | N/A |
| 5+ Bedrooms | $325K | - | N/A |
Summary: Masten Park housing prices by bedroom type for October 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 Neighborhoods
| Hamlin Park | $144.5K | $238.5K | +65.1% |
| Masten Park | $187.5K | $240K | +28.0% |
Housing Supply in Masten Park, NY
How many homes are available in Masten Park, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Masten Park real estate market had 15 homes for sale in October 2024, a 21.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Masten Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Masten Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Masten Park in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Masten Park, NY
How long does it take to sell a home in Masten Park, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 14 Days | -30.0% |
Summary: Homes in Masten Park had an average of 14 days on market in Oct 2024, down by 30% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Masten Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Masten Park; 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.
