Is 14094, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 14094 has remained a Seller's Market.
Key Takeaway
14094 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14094, NY
How much do homes in 14094, NY cost?
Median Sold Price
$208,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14094 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 14094 was $208,000 in March 2024, up 4.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91K | $34K | -62.6% |
| 2 Bedrooms | $165K | $158.5K | -3.9% |
| 3 Bedrooms | $192.6K | $210K | +9.0% |
| 4 Bedrooms | $235K | $251.5K | +7.0% |
| 5+ Bedrooms | $302K | $208K | -31.1% |
Summary: 14094 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.6%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 31.1%.
Housing Supply in 14094, NY
How many homes are available in 14094, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 115 | 101 | -12.2% |
Summary: The 14094 real estate market had 101 homes for sale in March 2024, a 12.2% decrease 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 | 15 | 11 | -26.7% |
| 3 Bedrooms | 48 | 47 | -2.1% |
| 4 Bedrooms | 38 | 34 | -10.5% |
| 5+ Bedrooms | 14 | 9 | -35.7% |
Summary: The 14094 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 decreased by 26.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 35.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14094, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 14094 in March 2024, down by 27.6% month-over-month. Of the 21 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% were sold over asking.
Days on Market for 14094, NY
How long does it take to sell a home in 14094, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 19 Days | -55.9% |
Summary: Homes in 14094 had an average of 19 days on market in Mar 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14094 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in 14094; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
