Is Webb, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webb is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Webb was a Seller's Market.

Key Takeaway

Webb is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Webb, NY

How much do homes in Webb, NY cost?

Median Sold Price

$545,000

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$102,200(+23.1%)

Key Takeaway

Homes in Webb have sold for 23.1% more than they did a year ago.

Summary: The median home sold price in Webb was $545,000 in November 2024, up 23.1% from last year, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $230K$327.5K
+42.4%
2 $390K$502.5K
+28.8%
3 $418.3K$540K
+29.1%
4 $859.3K$899K
+4.6%
5+ $492K$1.2M
+154.1%

Summary: Webb housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.4%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 154.1%.

Median Sold Price Compared To Nearby Cities

Old Forge
+27.8%
Webb
+23.1%

Housing Supply in Webb, NY

How many homes are available in Webb, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2827-3.6%

Summary: The Webb real estate market had 27 homes for sale in November 2024, a 3.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 1111
0.0%
4 67
+16.7%
5+ 65
-16.7%

Summary: The Webb housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webb, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Webb in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
53 Days38 Days-28.4%

Summary: Homes in Webb had an average of 38 days on market in Nov 2024, down by 28.4% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Webb; 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.

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

Report Updated 2 Days Ago

Newest Listings in Webb, NY

Nearby Markets to Webb, NY

What housing markets are near Webb, NY?