Is 14059, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14059 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 14059 has remained a Seller's Market.

Key Takeaway

14059 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 14059, NY cost?

Median Sold Price

$386,500

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$11,600(+3.1%)

Key Takeaway

Homes in 14059 have sold for 3.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $72K$128K
+77.8%
2 $396.5K$258K
-34.9%
3 $337.5K$373.7K
+10.7%
4 $465K$471K
+1.3%
5+ $350K$586.2K
+67.5%

Median Sold Price Compared To Nearby Zip Codes

14052
+13.9%
14043
+10.8%
14086
+6.6%
14059
+3.1%

How many homes are available in 14059, NY?

Number of Homes For Sale

Jan 2023Feb 2023%
1612-25.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 12
+100.0%
3 105
-50.0%
4 33
0.0%
5+ 11
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14059, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
42 Days5 Days-87.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14059 are selling fast, if you're buying plan to act quickly.

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

About 14059, NY

14059, NY has 12 homes on the market. The number of homes for sale in 14059, NY decreased by 25% between January 2023 and February 2023. The median list price of listings available in February 2023 was $386,500, while the average time on the real estate market was 5 days. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties prices increased by 77.8%, the cost of 2 bedrooms properties went down by 34.9%, the cost of 3 bedrooms properties went up by 10.7%, prices of 4 bedrooms properties went up by 1.3%, 5 bedrooms properties prices increased by 67.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 100%, 3 bedrooms homes inventory decreased by 50%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes did not move. 14059, NY housing market in February 2023 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.