Is 14141, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14141 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 14141 was a Seller's Market.

Key Takeaway

14141 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14141, NY

How much do homes in 14141, NY cost?

Median Sold Price

$217,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,500(+11.5%)

Key Takeaway

Homes in 14141 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 14141 was $217,500 in March 2024, up 11.5% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $161K$201K
+24.8%
3 $195K$199K
+2.1%
4 $332K$260K
-21.7%
5+ $243K-
N/A

Summary: 14141 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 24.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes did not change.

Housing Supply in 14141, NY

How many homes are available in 14141, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1415+7.1%

Summary: The 14141 real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 13
+200.0%
5+ 76
-14.3%

Summary: The 14141 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14141, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 14141 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 14141, NY

How long does it take to sell a home in 14141, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days61 Days+15.1%

Summary: Homes in 14141 had an average of 61 days on market in Mar 2024, up by 15.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 14141 has remained consistent over time.

Summary: During March 2024, 2 homes were sold in 14141; 0% of homes were sold within 30 days, 100% 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 27 Days Ago

Newest Listings in 14141, NY

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