Is 14472, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14472 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 14472 was a Seller's Market.

Key Takeaway

14472 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14472, NY

How much do homes in 14472, NY cost?

Median Sold Price

$381,250

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,250(+5.9%)

Key Takeaway

Homes in 14472 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 14472 was $381,250 in March 2024, up 5.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $28K$115K
+310.7%
2 $159.2K$222K
+39.4%
3 $265K$330K
+24.5%
4 $440K$415K
-5.7%
5+ $666.9K$482.5K
-27.7%

Summary: 14472 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 310.7%, 2 bedroom homes increased by 39.4%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 27.7%.

Median Sold Price Compared To Nearby Zip Codes

14543
+12.5%
14467
+12.4%
14472
+5.9%

Housing Supply in 14472, NY

How many homes are available in 14472, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
810+25.0%

Summary: The 14472 real estate market had 10 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 23
+50.0%
4 45
+25.0%
5+ 21
-50.0%

Summary: The 14472 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14472, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 14472 in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 14472, NY

How long does it take to sell a home in 14472, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days32 Days+540.0%

Summary: Homes in 14472 had an average of 32 days on market in Mar 2024, up by 540% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 14472 has remained consistent over time.

Summary: During March 2024, 1 homes were sold in 14472; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in 14472, NY

Nearby Markets to 14472, NY