Is Yates County, 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, Yates County has remained a Seller's Market.
Housing Prices in Yates County, NY
How much do homes in Yates County, NY cost?
Median Sold Price
$250,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Yates County was $250,000 in April 2024, up 6.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $210K | -20.8% |
2 Bedrooms | $195K | $190K | -2.6% |
3 Bedrooms | $223K | $296K | +32.7% |
4 Bedrooms | $225K | $239.2K | +6.3% |
5+ Bedrooms | $601.5K | $261K | -56.6% |
Summary: Yates County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 56.6%.
Median Sold Price Compared To Nearby Counties
Yates County | $235K | $250K | +6.4% |
Seneca County | $170K | $175K | +2.9% |
Ontario County | $276K | $278.2K | +0.8% |
Steuben County | $148.6K | $148.2K | -0.3% |
Housing Supply in Yates County, NY
How many homes are available in Yates County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 44 | -26.7% |
Summary: The Yates County real estate market had 44 homes for sale in April 2024, a 26.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 15 | 11 | -26.7% |
3 Bedrooms | 29 | 24 | -17.2% |
4 Bedrooms | 9 | 4 | -55.6% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Yates County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 8 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Yates County in April 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Yates County, NY
How long does it take to sell a home in Yates County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 21 Days | -39.8% |
Summary: Homes in Yates County had an average of 21 days on market in Apr 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Yates County; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.