Is 14207, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 14207 has remained a Seller's Market.
Key Takeaway
14207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14207, NY
How much do homes in 14207, NY cost?
Median Sold Price
$150,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14207 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 14207 was $150,000 in April 2024, up 3.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $137.5K | $108K | -21.5% |
| 3 Bedrooms | $142.6K | $142.1K | -0.3% |
| 4 Bedrooms | $163.7K | $160K | -2.3% |
| 5+ Bedrooms | $195K | $177.5K | -9.0% |
Summary: 14207 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.5%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 9%.
Housing Supply in 14207, NY
How many homes are available in 14207, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 54 | -16.9% |
Summary: The 14207 real estate market had 54 homes for sale in April 2024, a 16.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 24 | 18 | -25.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The 14207 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14207, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 14207 in April 2024, down by 31.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% were sold over asking.
Days on Market for 14207, NY
How long does it take to sell a home in 14207, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 32 Days | -12.1% |
Summary: Homes in 14207 had an average of 32 days on market in Apr 2024, down by 12.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14207 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 14207; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
