$3,039 Closing Credit*
$255,900
1,248 SqFt
3 Beds
•2 Full Baths
Kaycie Japp, Listing Office: Howard Hanna
Is Seneca, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Seneca was a Seller's Market.
Key Takeaway
Seneca 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 Seneca, NY
How much do homes in Seneca, NY cost?
Median Sold Price
$230,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$16,000(+7.5%)
Key Takeaway
Homes in Seneca have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Seneca was $230,000 in December 2024, up 7.5% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $108.2K | N/A |
| 2 Bedrooms | $191K | - | N/A |
| 3 Bedrooms | $240.5K | $228K | -5.2% |
| 4 Bedrooms | $218K | $252.9K | +16.0% |
| 5+ Bedrooms | $291.7K | $276K | -5.4% |
Summary: Seneca 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 did not change, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Stanley | $202.7K | $225K | +11.0% |
| Seneca | $214K | $230K | +7.5% |
Housing Supply in Seneca, NY
How many homes are available in Seneca, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Seneca real estate market had 6 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Seneca housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Seneca, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Seneca in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Seneca, NY
How long does it take to sell a home in Seneca, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 7 Days | -80.6% |
Summary: Homes in Seneca had an average of 7 days on market in Dec 2024, down by 80.6% 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 Seneca are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Seneca; 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.
