Is Sidney Center, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sidney Center is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Sidney Center 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 Sidney Center, NY

How much do homes in Sidney Center, NY cost?

Median Sold Price

$180,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-14.3%)

Key Takeaway

Homes in Sidney Center have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in Sidney Center was $180,000 in October 2024, down 14.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $142.5K$38K
-73.3%
3 $170K$210K
+23.5%
4 $330K$180K
-45.5%
5+ $435K$52K
-88.0%

Summary: Sidney Center 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 decreased by 73.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 88%.

Housing Supply in Sidney Center, NY

How many homes are available in Sidney Center, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Sidney Center real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 22
0.0%
5+ 34
+33.3%

Summary: The Sidney Center 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sidney Center, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sidney Center in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sidney Center, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days68 Days+65.9%

Summary: Homes in Sidney Center had an average of 68 days on market in Oct 2024, up by 65.9% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Sidney Center has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Sidney Center; 0% of homes were sold within 30 days, 100% 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 12 Days Ago

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