$2,849 Closing Credit*
$239,900
1,776 SqFt
3 Beds
•2 Full Baths, 1 Partial
Nicole E. Frost, Listing Office: Howard Hanna
Is North Chili, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Chili has remained a Seller's Market.
Key Takeaway
North Chili is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Chili, NY
How much do homes in North Chili, NY cost?
Median Sold Price
$310,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+11.1%)
Key Takeaway
Homes in North Chili have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in North Chili was $310,000 in October 2024, up 11.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $234.9K | $273.7K | +16.5% |
| 3 Bedrooms | $300K | $316.3K | +5.5% |
| 4 Bedrooms | $304.9K | $353K | +15.8% |
| 5+ Bedrooms | $410K | $342.2K | -16.5% |
Summary: North Chili 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 16.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
| Riga | $237K | $275K | +16.0% |
| North Chili | $279K | $310K | +11.1% |
| Chili | $240K | $261.7K | +9.1% |
| Ogden | $270K | $275K | +1.9% |
Housing Supply in North Chili, NY
How many homes are available in North Chili, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The North Chili real estate market had 14 homes for sale in October 2024, a 27.3% 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 | 1 | 6 | +500.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The North Chili 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 500%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Chili, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in North Chili in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for North Chili, NY
How long does it take to sell a home in North Chili, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 6 Days | +11.8% |
Summary: Homes in North Chili had an average of 6 days on market in Oct 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
3 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 North Chili are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in North Chili; 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.
