Is Naples, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Naples was a Neutral Market.
Housing Prices in Naples, NY
How much do homes in Naples, NY cost?
Median Sold Price
$250,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Naples was $250,000 in April 2024, up 2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $177.5K | +136.7% |
2 Bedrooms | $129K | $280K | +117.1% |
3 Bedrooms | $273.5K | $227.8K | -16.7% |
4 Bedrooms | $407.4K | $237.2K | -41.8% |
5+ Bedrooms | $422K | $396.2K | -6.1% |
Summary: Naples housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.7%, 2 bedroom homes increased by 117.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 41.8%, and 5+ bedroom homes decreased by 6.1%.
Housing Supply in Naples, NY
How many homes are available in Naples, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The Naples real estate market had 11 homes for sale in April 2024, a 15.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Naples 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 decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Naples in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Naples, NY
How long does it take to sell a home in Naples, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 35 Days | +204.3% |
Summary: Homes in Naples had an average of 35 days on market in Apr 2024, up by 204.3% compared to last year.
Breakdown of Home Sale Times
0 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, 1 homes were sold in Naples; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.