Is 14411, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 14411 has remained a Seller's Market.
Key Takeaway
14411 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14411, NY
How much do homes in 14411, NY cost?
Median Sold Price
$154,950
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14411 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 14411 was $154,950 in March 2024, up 14.8% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $126.9K | $135.5K | +6.7% |
| 3 Bedrooms | $127.7K | $142.4K | +11.5% |
| 4 Bedrooms | $150K | $179.9K | +20.0% |
| 5+ Bedrooms | $240K | $141K | -41.3% |
Summary: 14411 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 6.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 41.3%.
Housing Supply in 14411, NY
How many homes are available in 14411, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 28 | -24.3% |
Summary: The 14411 real estate market had 28 homes for sale in March 2024, a 24.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 11 | 5 | -54.5% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 14411 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14411, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 14411 in March 2024, down by 58.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 14411, NY
How long does it take to sell a home in 14411, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 16 Days | -70.8% |
Summary: Homes in 14411 had an average of 16 days on market in Mar 2024, down by 70.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14411 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 14411; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.