Is Dunkirk, 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, Dunkirk has remained a Seller's Market.
Housing Prices in Dunkirk, NY
How much do homes in Dunkirk, NY cost?
Median Sold Price
$105,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dunkirk was $105,000 in April 2024, down 4.5% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $100K | N/A |
2 Bedrooms | $90.5K | $121K | +33.7% |
3 Bedrooms | $112K | $120K | +7.1% |
4 Bedrooms | $123.9K | $91K | -26.6% |
5+ Bedrooms | $96.6K | $82K | -15.2% |
Summary: Dunkirk 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 33.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes decreased by 15.2%.
Housing Supply in Dunkirk, NY
How many homes are available in Dunkirk, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 38 | -11.6% |
Summary: The Dunkirk real estate market had 38 homes for sale in April 2024, a 11.6% decrease 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 | 7 | 8 | +14.3% |
3 Bedrooms | 17 | 15 | -11.8% |
4 Bedrooms | 16 | 10 | -37.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Dunkirk 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 14.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Dunkirk in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Dunkirk, NY
How long does it take to sell a home in Dunkirk, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 37 Days | +6.0% |
Summary: Homes in Dunkirk had an average of 37 days on market in Apr 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Dunkirk; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.