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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, West Valley was a Neutral Market.

Key Takeaway

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

Housing Prices in West Valley, NY

How much do homes in West Valley, NY cost?

Median Sold Price

$185,000

$89/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,000(+5.7%)

Key Takeaway

Homes in West Valley have sold for 5.7% more than they did a month ago.

Summary: The median home sold price in West Valley was $185,000 in November 2024, up 5.7% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $20K-
N/A
3 -$185K
N/A
4 --
N/A
5+ $330K-
N/A

Summary: West Valley housing prices by bedroom type for November 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

East Otto
+1095.1%
West Valley
+5.7%
Ashford
+5.7%

Housing Supply in West Valley, NY

How many homes are available in West Valley, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The West Valley real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 65
-16.7%
4 55
0.0%
5+ 11
0.0%

Summary: The West Valley 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in West Valley in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
13 Days36 Days+166.7%

Summary: Homes in West Valley had an average of 36 days on market in Nov 2024, up by 166.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in West Valley has remained consistent over time.

Summary: During November 2024, 1 homes were sold in West Valley; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in West Valley, NY

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