Is Irondequoit, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Irondequoit has remained a Seller's Market.
Key Takeaway
Irondequoit is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Irondequoit, NY
How much do homes in Irondequoit, NY cost?
Median Sold Price
$223,481
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Irondequoit have sold for 17.6% more than they did a year ago.
Summary: The median home sold price in Irondequoit was $223,481 in May 2024, up 17.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $128K | +29.3% |
| 2 Bedrooms | $164.9K | $195.2K | +18.4% |
| 3 Bedrooms | $190K | $220K | +15.8% |
| 4 Bedrooms | $210K | $252K | +20.0% |
| 5+ Bedrooms | $245K | $295K | +20.4% |
Summary: Irondequoit housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 20.4%.
Housing Supply in Irondequoit, NY
How many homes are available in Irondequoit, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 109 | 133 | +22.0% |
Summary: The Irondequoit real estate market had 133 homes for sale in May 2024, a 22.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 16 | 23 | +43.8% |
| 3 Bedrooms | 58 | 70 | +20.7% |
| 4 Bedrooms | 27 | 34 | +25.9% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Irondequoit housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Irondequoit, you could pay more than the asking price. 87.1% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Irondequoit in May 2024, down by 8.8% month-over-month. Of the 31 sold homes, 10% were sold under asking, 3% were sold at asking, and 87% were sold over asking.
Days on Market for Irondequoit, NY
How long does it take to sell a home in Irondequoit, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 10 Days | 8 Days | -24.2% |
Summary: Homes in Irondequoit had an average of 8 days on market in May 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Irondequoit are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in Irondequoit; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
