$891 Closing Credit*
$74,999
1,539 SqFt
4 Beds
•1 Full Bath
Tara L Phelps, Listing Office: Howard Hanna
Is Steuben County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Steuben County was a Seller's Market.
Key Takeaway
Steuben County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Steuben County, NY
How much do homes in Steuben County, NY cost?
Median Sold Price
$165,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,512(+12.6%)
Key Takeaway
Homes in Steuben County have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Steuben County was $165,000 in October 2024, up 12.6% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75.5K | $89.3K | +18.4% |
| 2 Bedrooms | $130K | $165K | +26.9% |
| 3 Bedrooms | $150.9K | $165K | +9.3% |
| 4 Bedrooms | $146.3K | $153.6K | +5.1% |
| 5+ Bedrooms | $192.5K | $204.5K | +6.2% |
Summary: Steuben County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Counties
| Yates County | $236.5K | $295K | +24.7% |
| Livingston County | $195K | $236.6K | +21.4% |
| Steuben County | $146.4K | $165K | +12.6% |
| Ontario County | $279.5K | $302.5K | +8.2% |
| Schuyler County | $230K | $230K | 0.0% |
Housing Supply in Steuben County, NY
How many homes are available in Steuben County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 331 | 360 | +8.8% |
Summary: The Steuben County real estate market had 360 homes for sale in October 2024, a 8.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 49 | 58 | +18.4% |
| 3 Bedrooms | 150 | 166 | +10.7% |
| 4 Bedrooms | 83 | 89 | +7.2% |
| 5+ Bedrooms | 41 | 41 | 0.0% |
Summary: The Steuben County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Steuben County, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Steuben County in October 2024, up by 19.2% month-over-month. Of the 31 sold homes, 52% were sold under asking, 10% were sold at asking, and 39% were sold over asking.
Days on Market for Steuben County, NY
How long does it take to sell a home in Steuben County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 18 Days | -70.2% |
Summary: Homes in Steuben County had an average of 18 days on market in Oct 2024, down by 70.2% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Steuben County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in Steuben County; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.