$42,500
1.80 Acres
Land
•1 Full Bath
Lynn A. Emmerling, Listing Office: RE/MAX Integrity
Is Springwater, 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, 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
$210,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-16.0%)
Key Takeaway
Homes in Springwater have sold for 16% less than they did a year ago.
Summary: The median home sold price in Springwater was $210,000 in November 2024, down 16% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $280K | +166.7% |
| 2 Bedrooms | $240K | $50K | -79.2% |
| 3 Bedrooms | $255.5K | $199.9K | -21.7% |
| 4 Bedrooms | $267.3K | $349.5K | +30.7% |
| 5+ Bedrooms | - | $427.5K | N/A |
Summary: Springwater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 166.7%, 2 bedroom homes decreased by 79.2%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Springwater | $205K | $220K | +7.3% |
| Canadice | $285K | $295K | +3.5% |
| Springwater | $250K | $210K | -16.0% |
Housing Supply in Springwater, NY
How many homes are available in Springwater, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Springwater real estate market had 7 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Springwater 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 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Springwater, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Springwater in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 33 Days | +52.3% |
Summary: Homes in Springwater had an average of 33 days on market in Nov 2024, up by 52.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 2 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.
