Is Wyoming County, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyoming County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wyoming County, NY

How much do homes in Wyoming County, NY cost?

Median Sold Price

$175,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+9.4%)

Key Takeaway

Homes in Wyoming County have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Wyoming County was $175,000 in October 2024, up 9.4% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K$95K
+90.0%
2 $115K$167K
+45.2%
3 $167K$197.7K
+18.4%
4 $165K$175K
+6.1%
5+ $225K$195.2K
-13.2%

Summary: Wyoming County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90%, 2 bedroom homes increased by 45.2%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 13.2%.

Median Sold Price Compared To Nearby Counties

Livingston County
+21.4%
Wyoming County
+9.4%
Genesee County
+4.2%
Erie County
+3.9%
Allegany County
+2.7%

Housing Supply in Wyoming County, NY

How many homes are available in Wyoming County, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9883-15.3%

Summary: The Wyoming County real estate market had 83 homes for sale in October 2024, a 15.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 35
+66.7%
2 108
-20.0%
3 4738
-19.1%
4 2724
-11.1%
5+ 118
-27.3%

Summary: The Wyoming County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyoming County, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Wyoming County in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 30% were sold under asking, 15% were sold at asking, and 55% were sold over asking.

Days on Market for Wyoming County, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days11 Days-30.1%

Summary: Homes in Wyoming County had an average of 11 days on market in Oct 2024, down by 30.1% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Wyoming County; 85% of homes were sold within 30 days, 15% 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 22 Days Ago

Newest Listings in Wyoming County, NY

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