Is 14424, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 14424 has remained a Seller's Market.
Key Takeaway
14424 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14424, NY
How much do homes in 14424, NY cost?
Median Sold Price
$330,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14424 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 14424 was $330,000 in April 2024, up 5.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $409.5K | $225K | -45.1% |
| 2 Bedrooms | $285K | $300K | +5.3% |
| 3 Bedrooms | $301K | $340K | +13.0% |
| 4 Bedrooms | $340K | $360.9K | +6.2% |
| 5+ Bedrooms | $306K | $519.5K | +69.8% |
Summary: 14424 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 69.8%.
Median Sold Price Compared To Nearby Zip Codes
| 14544 | $199.5K | $215K | +7.8% |
| 14424 | $312.6K | $330K | +5.5% |
| 14469 | $260K | $252.5K | -2.9% |
| 14471 | $287.5K | $262K | -8.9% |
Housing Supply in 14424, NY
How many homes are available in 14424, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 72 | +1.4% |
Summary: The 14424 real estate market had 72 homes for sale in April 2024, a 1.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 29 | 22 | -24.1% |
| 4 Bedrooms | 19 | 23 | +21.1% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The 14424 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 remained the same, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14424, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 14424 in April 2024, down by 12.5% month-over-month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.
Days on Market for 14424, NY
How long does it take to sell a home in 14424, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 13 Days | -74.8% |
Summary: Homes in 14424 had an average of 13 days on market in Apr 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
13 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 14424 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 14424; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
