$89,900
3.60 Acres
Land
Terry L. McCarron, Listing Office: RE/MAX Hometown Choice
Is Springwater, 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, Springwater was a Neutral Market.
Key Takeaway
Springwater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springwater, NY
How much do homes in Springwater, NY cost?
Median Sold Price
$220,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$37,388(-14.5%)
Key Takeaway
Homes in Springwater have sold for 14.5% less than they did a year ago.
Summary: The median home sold price in Springwater was $220,000 in December 2024, down 14.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $280K | +166.7% |
| 2 Bedrooms | $240K | $114.9K | -52.1% |
| 3 Bedrooms | $275K | $220K | -20.0% |
| 4 Bedrooms | $230.3K | $349.5K | +51.7% |
| 5+ Bedrooms | $700K | $155K | -77.9% |
Summary: Springwater housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 166.7%, 2 bedroom homes decreased by 52.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 51.7%, and 5+ bedroom homes decreased by 77.9%.
Median Sold Price Compared To Nearby Cities
| Conesus | $264.5K | $385K | +45.6% |
| Canadice | $280.5K | $310K | +10.5% |
| Springwater | $200K | $220K | +10.0% |
| Springwater | $257.3K | $220K | -14.5% |
Housing Supply in Springwater, NY
How many homes are available in Springwater, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Springwater real estate market had 9 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Springwater housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springwater, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Springwater in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Springwater, NY
How long does it take to sell a home in Springwater, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 4 Days | 35 Days | +781.3% |
Summary: Homes in Springwater had an average of 35 days on market in Dec 2024, up by 781.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Springwater are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Springwater; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
