Is 14224, 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, 14224 was a Neutral Market.
Housing Prices in 14224, NY
How much do homes in 14224, NY cost?
Median Sold Price
$260,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 14224 was $260,000 in March 2024, up 7.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $95K | N/A |
2 Bedrooms | $168.9K | $182K | +7.7% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $290K | $280K | -3.4% |
5+ Bedrooms | $292.5K | $314.5K | +7.5% |
Summary: 14224 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 7.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 7.5%.
Housing Supply in 14224, NY
How many homes are available in 14224, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 68 | -8.1% |
Summary: The 14224 real estate market had 68 homes for sale in March 2024, a 8.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 36 | 25 | -30.6% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 14224 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 increased by 14.3%, 3 bedroom homes decreased by 30.6%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 14224 in March 2024, down by 19.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 0% were sold at asking, and 53% were sold over asking.
Days on Market for 14224, NY
How long does it take to sell a home in 14224, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 26 Days | +78.0% |
Summary: Homes in 14224 had an average of 26 days on market in Mar 2024, up by 78% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 14224; 59% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.