Is 14108, 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, 14108 has remained a Seller's Market.
Key Takeaway
14108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14108, NY
How much do homes in 14108, NY cost?
Median Sold Price
$220,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14108 have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in 14108 was $220,000 in March 2024, up 15.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | $131K | $167.7K | +28.1% |
| 3 Bedrooms | $208.5K | $235K | +12.7% |
| 4 Bedrooms | $196.2K | $233K | +18.7% |
| 5+ Bedrooms | $260K | $138.5K | -46.7% |
Summary: 14108 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 28.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 46.7%.
Median Sold Price Compared To Nearby Zip Codes
| 14108 | $190K | $220K | +15.8% |
| 14094 | $198.4K | $208K | +4.8% |
| 14172 | $232.5K | $233.4K | 0.4% |
Housing Supply in 14108, NY
How many homes are available in 14108, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 14108 real estate market had 11 homes for sale in March 2024, a 15.4% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14108 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14108, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 14108 in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 14108, NY
How long does it take to sell a home in 14108, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 21 Days | -56.5% |
Summary: Homes in 14108 had an average of 21 days on market in Mar 2024, down by 56.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14108 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 14108; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
