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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yates County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Yates County, NY

How much do homes in Yates County, NY cost?

Median Sold Price

$300,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,000(+24.0%)

Key Takeaway

Homes in Yates County have sold for 24% more than they did a year ago.

Summary: The median home sold price in Yates County was $300,000 in November 2024, up 24% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $280K$204.9K
-26.8%
2 $190K$287K
+51.1%
3 $245.9K$320K
+30.1%
4 $235K$257.5K
+9.6%
5+ $350K$239.6K
-31.5%

Summary: Yates County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.8%, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 30.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 31.5%.

Median Sold Price Compared To Nearby Counties

Yates County
+24.0%
Steuben County
+11.5%
Schuyler County
+10.3%
Seneca County
+8.9%
Ontario County
+7.9%

Housing Supply in Yates County, NY

How many homes are available in Yates County, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10881-25.0%

Summary: The Yates County real estate market had 81 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 3125
-19.4%
3 4631
-32.6%
4 2014
-30.0%
5+ 68
+33.3%

Summary: The Yates County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes decreased by 32.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2618-30.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yates County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Yates County in November 2024, down by 30.8% month-over-month. Of the 18 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for Yates County, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days21 Days+26.1%

Summary: Homes in Yates County had an average of 21 days on market in Nov 2024, up by 26.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Yates County; 72% of homes were sold within 30 days, 28% 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 27 Days Ago

Newest Listings in Yates County, NY

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