Is 14208, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 14208 was a Seller's Market.
Key Takeaway
14208 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 14208, NY
How much do homes in 14208, NY cost?
Median Sold Price
$147,500
$81/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14208 have sold for 13.2% less than they did a year ago.
Summary: The median home sold price in 14208 was $147,500 in March 2024, down 13.2% from last year, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $163.7K | $155.4K | -5.1% |
| 4 Bedrooms | $165K | $107.5K | -34.8% |
| 5+ Bedrooms | $192.5K | $194.5K | +1.0% |
Summary: 14208 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 did not change, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Zip Codes
| 14214 | $285K | $310K | +8.8% |
| 14209 | $420K | $375K | -10.7% |
| 14208 | $170K | $147.5K | -13.2% |
Housing Supply in 14208, NY
How many homes are available in 14208, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Summary: The 14208 real estate market had 26 homes for sale in March 2024, a 18.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 17 | 13 | -23.5% |
Summary: The 14208 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 decreased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 23.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14208, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 14208 in March 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 14208, NY
How long does it take to sell a home in 14208, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 36 Days | +21.5% |
Summary: Homes in 14208 had an average of 36 days on market in Mar 2024, up by 21.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14208 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 14208; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
