Is 14204, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14204 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 14204 was a Buyer's Market.

Key Takeaway

14204 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14204, NY

How much do homes in 14204, NY cost?

Median Sold Price

$80,000

$61/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$16,000(-16.7%)

Key Takeaway

Homes in 14204 have sold for 16.7% less than they did a month ago.

Summary: The median home sold price in 14204 was $80,000 in April 2024, down 16.7% from last month, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$80K
N/A
3 -$71K
N/A
4 $96K-
N/A
5+ -$156K
N/A

Summary: 14204 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14204, NY

How many homes are available in 14204, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2014-30.0%

Summary: The 14204 real estate market had 14 homes for sale in April 2024, a 30.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 87
-12.5%
4 62
-66.7%
5+ 54
-20.0%

Summary: The 14204 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 12.5%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14204, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 14204 in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 14204, NY

How long does it take to sell a home in 14204, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
56 Days50 Days-11.5%

Summary: Homes in 14204 had an average of 50 days on market in Apr 2024, down by 11.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14204 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 14204; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 5 Days Ago

Newest Listings in 14204, NY

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