$593 Closing Credit*
$49,900
576 SqFt
1 Bed
•1 Full Bath
Richard McMahon, Listing Office: Real Estate Advantage
Is Persia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Persia was a Neutral Market.
Key Takeaway
Persia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Persia, NY
How much do homes in Persia, NY cost?
Median Sold Price
$145,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+11.5%)
Key Takeaway
Homes in Persia have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Persia was $145,000 in November 2024, up 11.5% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $75K | $120K | +60.0% |
| 3 Bedrooms | $165.5K | $150K | -9.4% |
| 4 Bedrooms | $128K | $171K | +33.6% |
| 5+ Bedrooms | $170K | $45K | -73.5% |
Summary: Persia 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 increased by 60%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes decreased by 73.5%.
Median Sold Price Compared To Nearby Cities
| Persia | $130K | $145K | +11.5% |
| Gowanda | $156.9K | $157.5K | 0.4% |
| Collins | $165K | $165.7K | 0.4% |
Housing Supply in Persia, NY
How many homes are available in Persia, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Persia real estate market had 10 homes for sale in November 2024, a 9.1% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Persia 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Persia, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Persia in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 34 Days | +28.7% |
Summary: Homes in Persia had an average of 34 days on market in Nov 2024, up by 28.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Persia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Persia; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.