Is 14217, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 14217 was a Buyer's Market.
Key Takeaway
14217 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 14217, NY
How much do homes in 14217, NY cost?
Median Sold Price
$240,226
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14217 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 14217 was $240,226 in April 2024, up 7.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $179.5K | -0.3% |
| 3 Bedrooms | $215K | $235K | +9.3% |
| 4 Bedrooms | $250K | $250K | 0.0% |
| 5+ Bedrooms | $244.9K | $276K | +12.7% |
Summary: 14217 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 12.7%.
Housing Supply in 14217, NY
How many homes are available in 14217, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The 14217 real estate market had 48 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 28 | 34 | +21.4% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 14217 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14217, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 14217 in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for 14217, NY
How long does it take to sell a home in 14217, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 9 Days | -63.4% |
Summary: Homes in 14217 had an average of 9 days on market in Apr 2024, down by 63.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14217 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in 14217; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
