Is 14070, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14070 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 14070 has remained a Seller's Market.

Key Takeaway

14070 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14070, NY

How much do homes in 14070, NY cost?

Median Sold Price

$160,500

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,600(+7.1%)

Key Takeaway

Homes in 14070 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 14070 was $160,500 in April 2024, up 7.1% from last year, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $109K$113.5K
+4.1%
3 $145K$183.7K
+26.7%
4 $165K$159.5K
-3.3%
5+ $228.4K$170K
-25.6%

Summary: 14070 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 25.6%.

Housing Supply in 14070, NY

How many homes are available in 14070, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
119-18.2%

Summary: The 14070 real estate market had 9 homes for sale in April 2024, a 18.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 52
-60.0%
5+ 22
0.0%

Summary: The 14070 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14070, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 14070 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 14070, NY

How long does it take to sell a home in 14070, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
69 Days6 Days-90.6%

Summary: Homes in 14070 had an average of 6 days on market in Apr 2024, down by 90.6% compared to last year.

Breakdown of Home Sale Times

2 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 14070 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 14070; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

Newest Listings in 14070, NY

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