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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilna is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wilna was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wilna, NY

How much do homes in Wilna, NY cost?

Median Sold Price

$204,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,500(+28.7%)

Key Takeaway

Homes in Wilna have sold for 28.7% more than they did a year ago.

Summary: The median home sold price in Wilna was $204,000 in October 2024, up 28.7% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $40K$94.5K
+136.3%
2 $105K$91.2K
-13.1%
3 $166.5K$205K
+23.1%
4 $176.2K$217.2K
+23.2%
5+ $173.5K$226.5K
+30.5%

Summary: Wilna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.3%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 30.5%.

Median Sold Price Compared To Nearby Cities

Wilna
+28.7%
Carthage
+20.1%
West Carthage
+18.3%

Housing Supply in Wilna, NY

How many homes are available in Wilna, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4644-4.3%

Summary: The Wilna real estate market had 44 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1513
-13.3%
4 1317
+30.8%
5+ 139
-30.8%

Summary: The Wilna 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 remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilna, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Wilna in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Wilna, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days45 Days-30.0%

Summary: Homes in Wilna had an average of 45 days on market in Oct 2024, down by 30% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Wilna; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Wilna, NY

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