Is 14006, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14006 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 14006 has remained a Seller's Market.

Key Takeaway

14006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14006, NY

How much do homes in 14006, NY cost?

Median Sold Price

$182,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,400(+7.3%)

Key Takeaway

Homes in 14006 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 14006 was $182,000 in April 2024, up 7.3% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $95.7K$73K
-23.7%
2 $146K$129.9K
-11.0%
3 $177K$187.7K
+6.1%
4 $222.5K$245K
+10.1%
5+ $150K$300K
+100.0%

Summary: 14006 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 100%.

Median Sold Price Compared To Nearby Zip Codes

14006
+7.3%
14047
+5.9%

Housing Supply in 14006, NY

How many homes are available in 14006, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3137+19.4%

Summary: The 14006 real estate market had 37 homes for sale in April 2024, a 19.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 67
+16.7%
3 1320
+53.8%
4 107
-30.0%
5+ 22
0.0%

Summary: The 14006 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 53.8%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14006, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 14006 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for 14006, NY

How long does it take to sell a home in 14006, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days71 Days+177.7%

Summary: Homes in 14006 had an average of 71 days on market in Apr 2024, up by 177.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14006 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 14006; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 14006, NY

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