$6,828 Closing Credit*
$575,000
2,520 SqFt
4 Beds
•2 Full Baths, 2 Partial
Flavia Matachana, Listing Office: Empire Realty Group
Is Ontario, 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, Ontario has remained a Seller's Market.
Key Takeaway
Ontario is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ontario, NY
How much do homes in Ontario, NY cost?
Median Sold Price
$340,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+10.6%)
Key Takeaway
Homes in Ontario have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Ontario was $340,000 in November 2024, up 10.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103K | $112.5K | +9.2% |
| 2 Bedrooms | $190K | $353.7K | +86.2% |
| 3 Bedrooms | $290K | $325K | +12.1% |
| 4 Bedrooms | $302.5K | $382.4K | +26.4% |
| 5+ Bedrooms | $450K | $354.5K | -21.2% |
Summary: Ontario housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 86.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes decreased by 21.2%.
Median Sold Price Compared To Nearby Cities
| Ontario | $307.5K | $340K | +10.6% |
| Williamson | $225K | $225K | 0.0% |
Housing Supply in Ontario, NY
How many homes are available in Ontario, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 20 | -39.4% |
Summary: The Ontario real estate market had 20 homes for sale in November 2024, a 39.4% 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 | 20 | 12 | -40.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Ontario 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 40%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 4 | -73.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ontario, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Ontario in November 2024, down by 73.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ontario, NY
How long does it take to sell a home in Ontario, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 9 Days | -11.2% |
Summary: Homes in Ontario had an average of 9 days on market in Nov 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
4 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 Ontario are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Ontario; 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.
