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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pompey is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pompey was a Seller's Market.

Key Takeaway

Pompey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pompey, NY

How much do homes in Pompey, NY cost?

Median Sold Price

$521,800

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$96,800(+22.8%)

Key Takeaway

Homes in Pompey have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Pompey was $521,800 in November 2024, up 22.8% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$140K
N/A
2 $160K$320K
+100.0%
3 $280K$364.7K
+30.3%
4 $422K$548.5K
+30.0%
5+ $635K$705K
+11.0%

Summary: Pompey 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 100%, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Cities

Pompey
+22.8%
Jamesville
+21.9%
LaFayette
+6.0%
La Fayette
-8.1%

Housing Supply in Pompey, NY

How many homes are available in Pompey, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The Pompey real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 1413
-7.1%
5+ 68
+33.3%

Summary: The Pompey 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 decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pompey, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pompey in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Pompey, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
62 Days19 Days-69.4%

Summary: Homes in Pompey had an average of 19 days on market in Nov 2024, down by 69.4% compared to last year.

Breakdown of Home Sale Times

3 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 Pompey are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Pompey; 75% of homes were sold within 30 days, 25% 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 2 Days Ago

Newest Listings in Pompey, NY

Nearby Markets to Pompey, NY

What housing markets are near Pompey, NY?