Is 14150, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14150 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 14150 has remained a Seller's Market.

Key Takeaway

14150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14150, NY

How much do homes in 14150, NY cost?

Median Sold Price

$235,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$24,000(+11.4%)

Key Takeaway

Homes in 14150 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 14150 was $235,000 in March 2024, up 11.4% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $185K$187.5K
+1.4%
3 $211.5K$235K
+11.1%
4 $240K$249K
+3.8%
5+ $163K$256K
+57.1%

Summary: 14150 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 1.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 57.1%.

Median Sold Price Compared To Nearby Zip Codes

14150
+11.4%
14226
+7.8%
14217
+7.6%
14223
+4.5%
14207
+2.6%

Housing Supply in 14150, NY

How many homes are available in 14150, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9078-13.3%

Summary: The 14150 real estate market had 78 homes for sale in March 2024, a 13.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1511
-26.7%
3 5748
-15.8%
4 1513
-13.3%
5+ 36
+100.0%

Summary: The 14150 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 15.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3025-16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14150, you could pay more than the asking price. 64% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 14150 in March 2024, down by 16.7% month-over-month. Of the 25 sold homes, 28% were sold under asking, 8% were sold at asking, and 64% were sold over asking.

Days on Market for 14150, NY

How long does it take to sell a home in 14150, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
17 Days19 Days+9.8%

Summary: Homes in 14150 had an average of 19 days on market in Mar 2024, up by 9.8% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14150 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 25 homes were sold in 14150; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% 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 26 Days Ago

Newest Listings in 14150, NY

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