Is Ellicott, 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, Ellicott has remained a Buyer's Market.
Housing Prices in Ellicott, NY
How much do homes in Ellicott, NY cost?
Median Sold Price
$132,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ellicott was $132,000 in April 2024, up 3.5% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $81K | N/A |
2 Bedrooms | $86K | $118.5K | +37.8% |
3 Bedrooms | $123.3K | $167.9K | +36.1% |
4 Bedrooms | $185.5K | $137K | -26.1% |
5+ Bedrooms | $257K | $137K | -46.7% |
Summary: Ellicott 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 37.8%, 3 bedroom homes increased by 36.1%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes decreased by 46.7%.
Median Sold Price Compared To Nearby Cities
Falconer | $110K | $126.5K | +15.0% |
Lakewood | $199.9K | $207.2K | +3.7% |
Ellicott | $127.5K | $132K | +3.5% |
Jamestown | $101.2K | $91.3K | -9.7% |
Housing Supply in Ellicott, NY
How many homes are available in Ellicott, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The Ellicott real estate market had 33 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Ellicott housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Ellicott in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Ellicott, NY
How long does it take to sell a home in Ellicott, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 20 Days | +68.2% |
Summary: Homes in Ellicott had an average of 20 days on market in Apr 2024, up by 68.2% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in Ellicott; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.