Is 14215, 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, 14215 was a Seller's Market.
Key Takeaway
14215 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 14215, NY
How much do homes in 14215, NY cost?
Median Sold Price
$150,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14215 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 14215 was $150,000 in March 2024, up 5.6% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $105K | $200K | +90.5% |
| 3 Bedrooms | $147.6K | $150.5K | +1.9% |
| 4 Bedrooms | $140K | $145K | +3.6% |
| 5+ Bedrooms | $130K | $155K | +19.2% |
Summary: 14215 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 90.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in 14215, NY
How many homes are available in 14215, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 95 | 83 | -12.6% |
Summary: The 14215 real estate market had 83 homes for sale in March 2024, a 12.6% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 38 | 29 | -23.7% |
| 4 Bedrooms | 30 | 27 | -10.0% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The 14215 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 23.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14215, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 14215 in March 2024, down by 23.5% month-over-month. Of the 13 sold homes, 8% were sold under asking, 23% were sold at asking, and 69% were sold over asking.
Days on Market for 14215, NY
How long does it take to sell a home in 14215, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 24 Days | -30.6% |
Summary: Homes in 14215 had an average of 24 days on market in Mar 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14215 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 14215; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
