Is 14211, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14211 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 14211 was a Seller's Market.

Key Takeaway

14211 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 14211, NY

How much do homes in 14211, NY cost?

Median Sold Price

$110,000

$84/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$60,000(-35.3%)

Key Takeaway

Homes in 14211 have sold for 35.3% less than they did a month ago.

Summary: The median home sold price in 14211 was $110,000 in March 2024, down 35.3% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $120K$160K
+33.3%
3 $165K$110K
-33.3%
4 $160K$216.5K
+35.3%
5+ $230K$78K
-66.1%

Summary: 14211 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 66.1%.

Housing Supply in 14211, NY

How many homes are available in 14211, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5155+7.8%

Summary: The 14211 real estate market had 55 homes for sale in March 2024, a 7.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1411
-21.4%
4 1118
+63.6%
5+ 2122
+4.8%

Summary: The 14211 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 decreased by 20%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14211, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 14211 in March 2024, down by 25.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.

Days on Market for 14211, NY

How long does it take to sell a home in 14211, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
18 Days18 Days+3.2%

Summary: Homes in 14211 had an average of 18 days on market in Mar 2024, up by 3.2% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14211 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in 14211; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in 14211, NY

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