Is 14305, 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, 14305 was a Buyer's Market.
Key Takeaway
14305 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14305, NY
How much do homes in 14305, NY cost?
Median Sold Price
$133,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14305 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 14305 was $133,000 in March 2024, up 10.8% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.2K | $92K | +103.3% |
| 2 Bedrooms | $100K | $90K | -10.0% |
| 3 Bedrooms | $125K | $145K | +16.0% |
| 4 Bedrooms | $157.5K | $133K | -15.6% |
| 5+ Bedrooms | $225K | $115K | -48.9% |
Summary: 14305 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 48.9%.
Housing Supply in 14305, NY
How many homes are available in 14305, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 68 | -11.7% |
Summary: The 14305 real estate market had 68 homes for sale in March 2024, a 11.7% 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 | 5 | 7 | +40.0% |
| 3 Bedrooms | 41 | 31 | -24.4% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 14305 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 40%, 3 bedroom homes decreased by 24.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14305, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 14305 in March 2024, up by 18.2% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for 14305, NY
How long does it take to sell a home in 14305, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 36 Days | -2.5% |
Summary: Homes in 14305 had an average of 36 days on market in Mar 2024, down by 2.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14305 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 14305; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
