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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blasdell is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Blasdell, NY

How much do homes in Blasdell, NY cost?

Median Sold Price

$217,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,950(+4.3%)

Key Takeaway

Homes in Blasdell have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Blasdell was $217,500 in May 2024, up 4.3% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $99.9K-
N/A
2 $158.5K$112K
-29.3%
3 $214K$220K
+2.8%
4 $211.7K$234.5K
+10.7%
5+ $220K$215K
-2.3%

Summary: Blasdell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Cities

Lackawanna
+16.2%
Blasdell
+4.3%

Housing Supply in Blasdell, NY

How many homes are available in Blasdell, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
65-16.7%

Summary: The Blasdell real estate market had 5 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 21
-50.0%
5+ 10
-100.0%

Summary: The Blasdell housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blasdell, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Blasdell in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Blasdell, NY

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

Average Sale Time

May 2023May 2024CHANGE
7 Days26 Days+246.7%

Summary: Homes in Blasdell had an average of 26 days on market in May 2024, up by 246.7% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During May 2024, 3 homes were sold in Blasdell; 67% of homes were sold within 30 days, 33% 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 1 Day Ago

Newest Listings in Blasdell, NY