$2,838 Closing Credit*
$239,000
1,820 SqFt
4 Beds
•1 Full Bath, 1 Partial
Russell Hearton, Listing Office: Integrated Real Estate Ser LLC
Is Van Buren, 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, Van Buren has remained a Seller's Market.
Key Takeaway
Van Buren is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Van Buren, NY
How much do homes in Van Buren, NY cost?
Median Sold Price
$220,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,500(+20.5%)
Key Takeaway
Homes in Van Buren have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in Van Buren was $220,000 in October 2024, up 20.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $121.7K | -14.6% |
| 2 Bedrooms | $146.2K | $152K | +3.9% |
| 3 Bedrooms | $179.8K | $224.9K | +25.1% |
| 4 Bedrooms | $282.7K | $275K | -2.7% |
| 5+ Bedrooms | $341.5K | $441K | +29.1% |
Summary: Van Buren housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 25.1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Memphis | $197.5K | $266K | +34.7% |
| Van Buren | $182.5K | $220K | +20.5% |
| Baldwinsville | $260.3K | $285K | +9.5% |
| Lysander | $310.2K | $335K | +8.0% |
Housing Supply in Van Buren, NY
How many homes are available in Van Buren, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 43 | -23.2% |
Summary: The Van Buren real estate market had 43 homes for sale in October 2024, a 23.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 13 | 8 | -38.5% |
| 3 Bedrooms | 28 | 24 | -14.3% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Van Buren housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 38.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Van Buren, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Van Buren in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Van Buren, NY
How long does it take to sell a home in Van Buren, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 11 Days | -13.5% |
Summary: Homes in Van Buren had an average of 11 days on market in Oct 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
11 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 Van Buren are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Van Buren; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
