Is 14209, 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, 14209 was a Seller's Market.
Key Takeaway
14209 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 14209, NY
How much do homes in 14209, NY cost?
Median Sold Price
$375,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14209 have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in 14209 was $375,000 in March 2024, down 10.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $123.9K | -41.0% |
| 2 Bedrooms | $545K | $303.8K | -44.3% |
| 3 Bedrooms | $340.7K | $380K | +11.5% |
| 4 Bedrooms | $515K | $320.7K | -37.7% |
| 5+ Bedrooms | $420K | $375K | -10.7% |
Summary: 14209 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41%, 2 bedroom homes decreased by 44.3%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 37.7%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in 14209, NY
How many homes are available in 14209, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 14209 real estate market had 16 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The 14209 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14209, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 14209 in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 14209, NY
How long does it take to sell a home in 14209, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 90 Days | +127.8% |
Summary: Homes in 14209 had an average of 90 days on market in Mar 2024, up by 127.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 14209 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in 14209; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
