Is West Valley, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Valley is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, West Valley has remained a Neutral Market.

Key Takeaway

West Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Valley, NY

How much do homes in West Valley, NY cost?

Median Sold Price

$175,000

$78/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$21,950(-11.1%)

Key Takeaway

Homes in West Valley have sold for 11.1% less than they did a month ago.

Summary: The median home sold price in West Valley was $175,000 in October 2024, down 11.1% from last month, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$20K
N/A
3 $234K-
N/A
4 $159.9K-
N/A
5+ -$330K
N/A

Summary: West Valley housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Valley
-11.1%
Ashford
-11.1%

Housing Supply in West Valley, NY

How many homes are available in West Valley, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The West Valley real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 66
0.0%
4 65
-16.7%
5+ 11
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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

Days on Market for West Valley, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
36 Days13 Days-62.5%

Summary: Homes in West Valley had an average of 13 days on market in Oct 2024, down by 62.5% compared to last month.

Breakdown of Home Sale Times

2 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 West Valley are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in West Valley; 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 4 Days Ago

Newest Listings in West Valley, NY

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