Is 14485, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 14485 was a Buyer's Market.
Key Takeaway
14485 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14485, NY
How much do homes in 14485, NY cost?
Median Sold Price
$230,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14485 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 14485 was $230,000 in April 2024, up 0.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $142.5K | -20.8% |
| 3 Bedrooms | $224.7K | $210.5K | -6.3% |
| 4 Bedrooms | $300K | $355K | +18.3% |
| 5+ Bedrooms | $272.5K | $303.5K | +11.4% |
Summary: 14485 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Zip Codes
| 14487 | $239.9K | $269K | +12.1% |
| 14472 | $364K | $381.2K | +4.7% |
| 14485 | $228K | $230K | +0.9% |
| 14469 | $260K | $252.5K | -2.9% |
Housing Supply in 14485, NY
How many homes are available in 14485, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The 14485 real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14485 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14485, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 14485 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 14485, NY
How long does it take to sell a home in 14485, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 8 Days | +70.0% |
Summary: Homes in 14485 had an average of 8 days on market in Apr 2024, up by 70% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14485 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in 14485; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
