Is 14212, 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, 14212 was a Neutral Market.
Key Takeaway
14212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14212, NY
How much do homes in 14212, NY cost?
Median Sold Price
$140,000
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14212 have sold for 13% less than they did a year ago.
Summary: The median home sold price in 14212 was $140,000 in March 2024, down 13% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $45K | N/A |
| 2 Bedrooms | $136K | $137.5K | +1.1% |
| 3 Bedrooms | $165K | $165K | 0.0% |
| 4 Bedrooms | $127.5K | $103.9K | -18.5% |
| 5+ Bedrooms | $20K | $110K | +450.0% |
Summary: 14212 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 increased by 1.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 450%.
Housing Supply in 14212, NY
How many homes are available in 14212, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 32 | -13.5% |
Summary: The 14212 real estate market had 32 homes for sale in March 2024, a 13.5% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 10 | -33.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 14212 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 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14212, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 14212 in March 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 14212, NY
How long does it take to sell a home in 14212, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 19 Days | 19 Days | -0.9% |
Summary: Homes in 14212 had an average of 19 days on market in Mar 2024, down by 0.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14212 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 14212; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
