Is 14085, 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, 14085 has remained a Seller's Market.
Key Takeaway
14085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14085, NY
How much do homes in 14085, NY cost?
Median Sold Price
$305,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14085 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 14085 was $305,000 in April 2024, up 5.2% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201K | $188K | -6.5% |
| 3 Bedrooms | $277.4K | $292.5K | +5.4% |
| 4 Bedrooms | $325K | $400K | +23.1% |
| 5+ Bedrooms | $351K | $425K | +21.1% |
Summary: 14085 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 decreased by 6.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 21.1%.
Median Sold Price Compared To Nearby Zip Codes
| 14075 | $279.9K | $300.7K | +7.4% |
| 14047 | $202.9K | $215K | +5.9% |
| 14085 | $290K | $305K | +5.2% |
Housing Supply in 14085, NY
How many homes are available in 14085, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The 14085 real estate market had 16 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14085 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 decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14085, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 14085 in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 14085, NY
How long does it take to sell a home in 14085, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 16 Days | +163.2% |
Summary: Homes in 14085 had an average of 16 days on market in Apr 2024, up by 163.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14085 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 14085; 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.
