$8,301 Closing Credit*
$699,000
5,268 SqFt
9 Beds
•5 Full Baths, 1 Partial
Luanne Palme, Listing Office: Four Seasons Sotheby's Int'l
Is Yates County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$295,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,500(+24.7%)
Key Takeaway
Homes in Yates County have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in Yates County was $295,000 in October 2024, up 24.7% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349.9K | $185K | -47.1% |
| 2 Bedrooms | $190K | $230K | +21.1% |
| 3 Bedrooms | $237K | $354K | +49.4% |
| 4 Bedrooms | $235K | $251.2K | +6.9% |
| 5+ Bedrooms | $350K | $237.9K | -32.0% |
Summary: Yates County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 49.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Counties
| Yates County | $236.5K | $295K | +24.7% |
| Steuben County | $146.4K | $165K | +12.6% |
| Seneca County | $160K | $180K | +12.5% |
| Ontario County | $279.5K | $302.5K | +8.2% |
| Schuyler County | $230K | $230K | 0.0% |
Housing Supply in Yates County, NY
How many homes are available in Yates County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 120 | 107 | -10.8% |
Summary: The Yates County real estate market had 107 homes for sale in October 2024, a 10.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 39 | 30 | -23.1% |
| 3 Bedrooms | 50 | 45 | -10.0% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Yates County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yates County, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Yates County in October 2024, up by 13.6% month-over-month. Of the 25 sold homes, 36% were sold under asking, 24% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 21 Days | +29.5% |
Summary: Homes in Yates County had an average of 21 days on market in Oct 2024, up by 29.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Yates County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Yates County; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.