Is 14207, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 14207 was a Neutral Market.
Housing Prices in 14207, NY
How much do homes in 14207, NY cost?
Median Sold Price
$149,900
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 14207 was $149,900 in February 2024, up 3.4% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $165K | N/A |
2 Bedrooms | $141.5K | $92.5K | -34.6% |
3 Bedrooms | $141.3K | $142K | 0.5% |
4 Bedrooms | $149K | $160K | +7.4% |
5+ Bedrooms | $83K | $169.5K | +104.2% |
Summary: 14207 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 104.2%.
Housing Supply in 14207, NY
How many homes are available in 14207, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
67 | 53 | -20.9% |
Summary: The 14207 real estate market had 53 homes for sale in February 2024, a 20.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 21 | 16 | -23.8% |
5+ Bedrooms | 25 | 16 | -36.0% |
Summary: The 14207 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 36%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 14207 in February 2024, up by 50.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
6 Days | 30 Days | +368.0% |
Summary: Homes in 14207 had an average of 30 days on market in Feb 2024, up by 368% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in 14207; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.