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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perinton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Perinton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Perinton, NY

How much do homes in Perinton, NY cost?

Median Sold Price

$370,257

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,240(+12.2%)

Key Takeaway

Homes in Perinton have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Perinton was $370,257 in October 2024, up 12.2% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135.5K$153.7K
+13.5%
2 $225K$230K
+2.2%
3 $305K$342K
+12.1%
4 $387.7K$414.3K
+6.9%
5+ $475K$581.7K
+22.5%

Summary: Perinton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 22.5%.

Median Sold Price Compared To Nearby Cities

Perinton
+12.2%
Fairport
+11.0%
Penfield
+8.9%
East Rochester
+8.0%

Housing Supply in Perinton, NY

How many homes are available in Perinton, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
151141-6.6%

Summary: The Perinton real estate market had 141 homes for sale in October 2024, a 6.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 2011
-45.0%
3 5358
+9.4%
4 5860
+3.4%
5+ 169
-43.8%

Summary: The Perinton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 45%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 43.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5641-26.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perinton, you could pay more than the asking price. 78% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in Perinton in October 2024, down by 26.8% month-over-month. Of the 41 sold homes, 7% were sold under asking, 15% were sold at asking, and 78% were sold over asking.

Days on Market for Perinton, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days8 Days-10.7%

Summary: Homes in Perinton had an average of 8 days on market in Oct 2024, down by 10.7% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 41 homes were sold in Perinton; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Perinton, NY

Nearby Markets to Perinton, NY

What housing markets are near Perinton, NY?