Is 14428, 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, 14428 has remained a Seller's Market.
Key Takeaway
14428 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14428, NY
How much do homes in 14428, NY cost?
Median Sold Price
$273,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14428 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 14428 was $273,000 in March 2024, up 3.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151K | $180.5K | +19.5% |
| 3 Bedrooms | $237.5K | $275K | +15.8% |
| 4 Bedrooms | $290K | $320K | +10.3% |
| 5+ Bedrooms | $370K | $1.1M | +223.3% |
Summary: 14428 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 19.5%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 223.3%.
Median Sold Price Compared To Nearby Zip Codes
| 14546 | $174.9K | $211K | +20.6% |
| 14624 | $202.1K | $226.1K | +11.9% |
| 14428 | $263K | $273K | +3.8% |
Housing Supply in 14428, NY
How many homes are available in 14428, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Summary: The 14428 real estate market had 9 homes for sale in March 2024, a 30.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 3 | -57.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 14428 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 remained the same, 3 bedroom homes decreased by 57.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14428, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 14428 in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 14428, NY
How long does it take to sell a home in 14428, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 27 Days | +28.3% |
Summary: Homes in 14428 had an average of 27 days on market in Mar 2024, up by 28.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14428 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 14428; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
