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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pompey is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Pompey is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pompey, NY

How much do homes in Pompey, NY cost?

Median Sold Price

$521,800

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$84,800(+19.4%)

Key Takeaway

Homes in Pompey have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Pompey was $521,800 in December 2024, up 19.4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$140K
N/A
2 $160K$271K
+69.4%
3 $309.7K$410K
+32.4%
4 $429.5K$535K
+24.6%
5+ $635K$720K
+13.4%

Summary: Pompey housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.4%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Cities

Jamesville
+31.2%
Pompey
+19.4%
LaFayette
+3.4%
La Fayette
-19.8%

Housing Supply in Pompey, NY

How many homes are available in Pompey, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2924-17.2%

Summary: The Pompey real estate market had 24 homes for sale in December 2024, a 17.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 139
-30.8%
5+ 77
0.0%

Summary: The Pompey housing inventory by bedroom type for December 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 11.1%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pompey in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
21 Days20 Days-6.2%

Summary: Homes in Pompey had an average of 20 days on market in Dec 2024, down by 6.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 December 2024, 2 homes were sold in Pompey; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

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