Is 14513, 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, 14513 has remained a Seller's Market.
Key Takeaway
14513 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14513, NY
How much do homes in 14513, NY cost?
Median Sold Price
$171,250
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14513 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 14513 was $171,250 in April 2024, up 9.1% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48.5K | $25K | -48.5% |
| 2 Bedrooms | $119K | $158.4K | +33.2% |
| 3 Bedrooms | $161K | $170K | +5.6% |
| 4 Bedrooms | $200.5K | $175.2K | -12.6% |
| 5+ Bedrooms | $328K | $212K | -35.4% |
Summary: 14513 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.5%, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 35.4%.
Median Sold Price Compared To Nearby Zip Codes
| 14513 | $157K | $171.2K | +9.1% |
| 14522 | $187.3K | $195K | +4.1% |
| 14432 | $220K | $225K | +2.3% |
| 14489 | $134.2K | $110K | -18.1% |
Housing Supply in 14513, NY
How many homes are available in 14513, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The 14513 real estate market had 26 homes for sale in April 2024, a 23.8% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 14513 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14513, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 14513 in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 14513, NY
How long does it take to sell a home in 14513, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 33 Days | +32.5% |
Summary: Homes in 14513 had an average of 33 days on market in Apr 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14513 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 14513; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.