Is Van Buren, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren is a seller's market

Buyer's
Market

Difference Since November 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

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,350(+21.8%)

Key Takeaway

Homes in Van Buren have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in Van Buren was $220,000 in November 2024, up 21.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $142.5K$121K
-15.1%
2 $146.2K$155K
+6.0%
3 $185K$230K
+24.3%
4 $275K$289K
+5.1%
5+ $341.5K$395.5K
+15.8%

Summary: Van Buren housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Cities

Van Buren
+21.8%
Lysander
+6.5%
Baldwinsville
+5.6%

Housing Supply in Van Buren, NY

How many homes are available in Van Buren, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4947-4.1%

Summary: The Van Buren real estate market had 47 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1011
+10.0%
3 2623
-11.5%
4 87
-12.5%
5+ 34
+33.3%

Summary: The Van Buren 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 increased by 10%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Van Buren in November 2024, down by 40.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% 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

Nov 2023Nov 2024CHANGE
20 Days7 Days-63.4%

Summary: Homes in Van Buren had an average of 7 days on market in Nov 2024, down by 63.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Van Buren are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Van Buren; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Van Buren, NY

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