Is 14222, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 14222 has remained a Seller's Market.
Key Takeaway
14222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14222, NY
How much do homes in 14222, NY cost?
Median Sold Price
$392,500
$158/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 14222 have sold for 2% less than they did a month ago.
Summary: The median home sold price in 14222 was $392,500 in March 2024, down 2% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.4K | $170K | -10.3% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $473K | $382.5K | -19.1% |
| 4 Bedrooms | $400K | $547.2K | +36.8% |
| 5+ Bedrooms | $999K | $392.5K | -60.7% |
Summary: 14222 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.1%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 60.7%.
Housing Supply in 14222, NY
How many homes are available in 14222, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 36 | -2.7% |
Summary: The 14222 real estate market had 36 homes for sale in March 2024, a 2.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 14222 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14222, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 14222 in March 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 14222, NY
How long does it take to sell a home in 14222, NY?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 105 Days | 66 Days | -36.9% |
Summary: Homes in 14222 had an average of 66 days on market in Mar 2024, down by 36.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14222 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 14222; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
