Is Chittenango, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chittenango has remained a Seller's Market.
Housing Prices in Chittenango, NY
How much do homes in Chittenango, NY cost?
Median Sold Price
$226,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chittenango was $226,000 in April 2024, up 13.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $240K | N/A |
2 Bedrooms | $120K | $150.5K | +25.4% |
3 Bedrooms | $196.7K | $220K | +11.8% |
4 Bedrooms | $227K | $290K | +27.8% |
5+ Bedrooms | $250K | $505K | +102.0% |
Summary: Chittenango housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 102%.
Median Sold Price Compared To Nearby Cities
Chittenango | $198.5K | $226K | +13.9% |
Sullivan | $216.1K | $225.5K | +4.4% |
Housing Supply in Chittenango, NY
How many homes are available in Chittenango, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 35 | +20.7% |
Summary: The Chittenango real estate market had 35 homes for sale in April 2024, a 20.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Chittenango housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Chittenango in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Chittenango, NY
How long does it take to sell a home in Chittenango, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 16 Days | +7.1% |
Summary: Homes in Chittenango had an average of 16 days on market in Apr 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Chittenango; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.