$85,000
9.50 Acres
Land
Dawn Timm, Listing Office: TIMM ASSOCIATES SOTHEBY'S
Is Webb, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Webb has remained a Seller's Market.
Key Takeaway
Webb is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Webb, NY
How much do homes in Webb, NY cost?
Median Sold Price
$500,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$50,000(+11.1%)
Key Takeaway
Homes in Webb have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Webb was $500,000 in December 2024, up 11.1% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $327.5K | +42.4% |
| 2 Bedrooms | $390K | $475K | +21.8% |
| 3 Bedrooms | $443.3K | $520K | +17.3% |
| 4 Bedrooms | $899K | $585K | -34.9% |
| 5+ Bedrooms | $535K | $950K | +77.6% |
Summary: Webb housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.4%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes increased by 77.6%.
Housing Supply in Webb, NY
How many homes are available in Webb, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Webb real estate market had 24 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Webb 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Webb, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Webb in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Webb, NY
How long does it take to sell a home in Webb, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 53 Days | +53.3% |
Summary: Homes in Webb had an average of 53 days on market in Dec 2024, up by 53.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Webb has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Webb; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
