Is 14057, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 14057 was a Buyer's Market.
Key Takeaway
14057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14057, NY
How much do homes in 14057, NY cost?
Median Sold Price
$280,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14057 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 14057 was $280,000 in March 2024, up 5.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $223.6K | +24.3% |
| 3 Bedrooms | $260K | $254.5K | -2.1% |
| 4 Bedrooms | $303K | $304.9K | +0.6% |
| 5+ Bedrooms | $360K | $385K | +6.9% |
Summary: 14057 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Zip Codes
| 14075 | $279.9K | $300K | +7.1% |
| 14085 | $287.5K | $305K | +6.1% |
| 14057 | $265K | $280K | +5.7% |
| 14111 | $220K | $210K | -4.5% |
Housing Supply in 14057, NY
How many homes are available in 14057, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The 14057 real estate market had 15 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 14057 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14057, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 14057 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 14057, NY
How long does it take to sell a home in 14057, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 88 Days | 139 Days | +58.7% |
Summary: Homes in 14057 had an average of 139 days on market in Mar 2024, up by 58.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14057 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 14057; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
