$2,136 Closing Credit*
$179,900
1,392 SqFt
5 Beds
•2 Full Baths
Joshua James, Listing Office: Keller Williams Realty WNY
Is Sloan, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sloan was a Buyer's Market.
Key Takeaway
Sloan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sloan, NY
How much do homes in Sloan, NY cost?
Median Sold Price
$170,500
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,500(-2.6%)
Key Takeaway
Homes in Sloan have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Sloan was $170,500 in November 2024, down 2.6% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $137.5K | $145K | +5.5% |
| 3 Bedrooms | $175.1K | $174.9K | -0.2% |
| 4 Bedrooms | $152.5K | $184.9K | +21.3% |
| 5+ Bedrooms | $179.9K | $170K | -5.5% |
Summary: Sloan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Cheektowaga | $215K | $226.1K | +5.2% |
| Sloan | $175K | $170.5K | -2.6% |
Housing Supply in Sloan, NY
How many homes are available in Sloan, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Sloan real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Sloan housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sloan, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Sloan in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Sloan, NY
How long does it take to sell a home in Sloan, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 26 Days | -58.1% |
Summary: Homes in Sloan had an average of 26 days on market in Nov 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sloan are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Sloan; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
