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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scriba is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Scriba has remained a Seller's Market.

Key Takeaway

Scriba is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Scriba, NY

How much do homes in Scriba, NY cost?

Median Sold Price

$225,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+4.2%)

Key Takeaway

Homes in Scriba have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Scriba was $225,000 in October 2024, up 4.2% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K-
N/A
2 $164K$187.5K
+14.3%
3 $176.5K$197.5K
+11.9%
4 $260K$299K
+15.0%
5+ $247.5K$375K
+51.5%

Summary: Scriba housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 51.5%.

Median Sold Price Compared To Nearby Cities

Volney
+39.4%
Oswego
+7.9%
New Haven
+7.8%
Scriba
+4.2%

Housing Supply in Scriba, NY

How many homes are available in Scriba, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2119-9.5%

Summary: The Scriba real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 46
+50.0%
3 1110
-9.1%
4 31
-66.7%
5+ 10
-100.0%

Summary: The Scriba 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 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scriba, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Scriba in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Scriba, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days24 Days-46.7%

Summary: Homes in Scriba had an average of 24 days on market in Oct 2024, down by 46.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scriba are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Scriba; 60% of homes were sold within 30 days, 40% 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 20 Days Ago

Newest Listings in Scriba, NY

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