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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunda is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Nunda was a Buyer's Market.

Key Takeaway

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

Housing Prices in Nunda, NY

How much do homes in Nunda, NY cost?

Median Sold Price

$145,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,500(-6.8%)

Key Takeaway

Homes in Nunda have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Nunda was $145,000 in November 2024, down 6.8% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$30.8K
N/A
2 $241.1K$140K
-41.9%
3 $124.9K$160K
+28.1%
4 $165.5K$136K
-17.8%
5+ $367.3K$205K
-44.2%

Summary: Nunda 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 decreased by 41.9%, 3 bedroom homes increased by 28.1%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 44.2%.

Housing Supply in Nunda, NY

How many homes are available in Nunda, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The Nunda real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Nunda 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunda, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Nunda in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Nunda, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days18 Days-28.2%

Summary: Homes in Nunda had an average of 18 days on market in Nov 2024, down by 28.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Nunda; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Nunda, NY

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