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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Webster has remained a Seller's Market.

Key Takeaway

Webster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Webster, NY

How much do homes in Webster, NY cost?

Median Sold Price

$350,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,500(+4.0%)

Key Takeaway

Homes in Webster have sold for 4% more than they did a year ago.

Summary: The median home sold price in Webster was $350,000 in November 2024, up 4% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K-
N/A
2 $270K$263.5K
-2.4%
3 $306.5K$340K
+10.9%
4 $385K$424.6K
+10.3%
5+ $475K$480K
+1.1%

Summary: Webster housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 1.1%.

Housing Supply in Webster, NY

How many homes are available in Webster, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13185-35.1%

Summary: The Webster real estate market had 85 homes for sale in November 2024, a 35.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2315
-34.8%
3 5336
-32.1%
4 3824
-36.8%
5+ 1710
-41.2%

Summary: The Webster 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 decreased by 34.8%, 3 bedroom homes decreased by 32.1%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes decreased by 41.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4131-24.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster, you could pay more than the asking price. 67.7% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Webster in November 2024, down by 24.4% month-over-month. Of the 31 sold homes, 26% were sold under asking, 6% were sold at asking, and 68% were sold over asking.

Days on Market for Webster, NY

How long does it take to sell a home in Webster, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days11 Days-8.9%

Summary: Homes in Webster had an average of 11 days on market in Nov 2024, down by 8.9% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 31 homes were sold in Webster; 94% of homes were sold within 30 days, 6% 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

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