$49,999
5.92 Acres
Land
Thomas R. Dziekan, Listing Office: Farmers National Company
Is Naples, 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, Naples has remained a Seller's Market.
Key Takeaway
Naples is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Naples, NY
How much do homes in Naples, NY cost?
Median Sold Price
$258,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,000(+2.4%)
Key Takeaway
Homes in Naples have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Naples was $258,000 in November 2024, up 2.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $150K | -14.3% |
| 2 Bedrooms | $235K | $214.4K | -8.7% |
| 3 Bedrooms | $250K | $301.2K | +20.5% |
| 4 Bedrooms | $317.2K | $246K | -22.5% |
| 5+ Bedrooms | $400K | $500K | +25.0% |
Summary: Naples housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes increased by 25%.
Housing Supply in Naples, NY
How many homes are available in Naples, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Summary: The Naples real estate market had 18 homes for sale in November 2024, a 30.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 9 | -43.8% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Naples 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 remained the same, 3 bedroom homes decreased by 43.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 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 Naples, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Naples in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Naples, NY
How long does it take to sell a home in Naples, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 33 Days | +189.5% |
Summary: Homes in Naples had an average of 33 days on market in Nov 2024, up by 189.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Naples are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Naples; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
