$3,561 Closing Credit*
$299,900
1,184 SqFt
3 Beds
•1 Full Bath
Elisa M Roaldi, Listing Office: WNY Metro Roberts Realty
Is Springville, 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, Springville has remained a Seller's Market.
Key Takeaway
Springville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springville, NY
How much do homes in Springville, NY cost?
Median Sold Price
$239,900
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,900(+0.8%)
Key Takeaway
Homes in Springville have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Springville was $239,900 in October 2024, up 0.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170.5K | $240K | +40.8% |
| 3 Bedrooms | $201K | $208.2K | +3.6% |
| 4 Bedrooms | $320K | $239.9K | -25.0% |
| 5+ Bedrooms | $313.5K | $300K | -4.3% |
Summary: Springville 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 40.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Springville | $238K | $239.9K | +0.8% |
| Concord | $306K | $249K | -18.6% |
Housing Supply in Springville, NY
How many homes are available in Springville, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Summary: The Springville real estate market had 28 homes for sale in October 2024, a 9.7% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Springville 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 decreased by 66.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springville, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Springville in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Springville, NY
How long does it take to sell a home in Springville, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 8 Days | -76.1% |
Summary: Homes in Springville had an average of 8 days on market in Oct 2024, down by 76.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Springville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Springville; 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.
