$2,613 Closing Credit*
$220,000
1,708 SqFt
3 Beds
•1 Full Bath, 1 Partial
Shannon Sherman, Listing Office: Buffalo Boardwalk Real Estate LLC
Is Persia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Persia was a Seller's Market.
Key Takeaway
Persia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Persia, NY
How much do homes in Persia, NY cost?
Median Sold Price
$40,000
$9/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$56,500(-58.5%)
Key Takeaway
Homes in Persia have sold for 58.5% less than they did a month ago.
Summary: The median home sold price in Persia was $40,000 in October 2024, down 58.5% from last month, and the median price per square foot was $9.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $155K | - | N/A |
| 5+ Bedrooms | $38K | $40K | +5.3% |
Summary: Persia housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Otto | $48K | $178K | +270.8% |
| Persia | $96.5K | $40K | -58.5% |
Housing Supply in Persia, NY
How many homes are available in Persia, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Persia real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Persia 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Persia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Persia in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Persia, NY
How long does it take to sell a home in Persia, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 76 Days | +55.1% |
Summary: Homes in Persia had an average of 76 days on market in Oct 2024, up by 55.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Persia has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Persia; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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