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 December 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

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,500(+3.7%)

Key Takeaway

Homes in Webster have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Webster was $350,000 in December 2024, up 3.7% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $165K$165K
0.0%
2 $270K$260K
-3.7%
3 $305K$341K
+11.8%
4 $392.5K$423.9K
+8.0%
5+ $464K$505K
+8.8%

Summary: Webster housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 8.8%.

Housing Supply in Webster, NY

How many homes are available in Webster, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10971-34.9%

Summary: The Webster real estate market had 71 homes for sale in December 2024, a 34.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 2015
-25.0%
3 4120
-51.2%
4 3427
-20.6%
5+ 149
-35.7%

Summary: The Webster 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 decreased by 25%, 3 bedroom homes decreased by 51.2%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes decreased by 35.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3730-18.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

23 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. 76.7% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Webster in December 2024, down by 18.9% month-over-month. Of the 30 sold homes, 17% were sold under asking, 7% were sold at asking, and 77% 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

Dec 2023Dec 2024CHANGE
12 Days32 Days+170.4%

Summary: Homes in Webster had an average of 32 days on market in Dec 2024, up by 170.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 December 2024, 30 homes were sold in Webster; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% 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 4 Days Ago

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