$1,188 Closing Credit*
$100,000
1,590 SqFt
3 Beds
•1 Full Bath, 1 Partial
Michael Miceli, Listing Office: Real Broker NY LLC
Is Red Creek, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Red Creek has remained a Seller's Market.
Key Takeaway
Red Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Red Creek, NY
How much do homes in Red Creek, NY cost?
Median Sold Price
$200,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,050(+38.0%)
Key Takeaway
Homes in Red Creek have sold for 38% more than they did a year ago.
Summary: The median home sold price in Red Creek was $200,000 in October 2024, up 38% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30.5K | $96.1K | +215.1% |
| 2 Bedrooms | $149.9K | - | N/A |
| 3 Bedrooms | $125K | $200K | +60.0% |
| 4 Bedrooms | $210K | $203K | -3.3% |
| 5+ Bedrooms | $229.9K | $310K | +34.8% |
Summary: Red Creek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 215.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 34.8%.
Median Sold Price Compared To Nearby Cities
| Red Creek | $144.9K | $200K | +38.0% |
| Sterling | $221K | $199.5K | -9.7% |
Housing Supply in Red Creek, NY
How many homes are available in Red Creek, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Red Creek real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Red Creek 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Red Creek, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Red Creek in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Red Creek, NY
How long does it take to sell a home in Red Creek, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 15 Days | +150.0% |
Summary: Homes in Red Creek had an average of 15 days on market in Oct 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Red Creek are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Red Creek; 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.
