Is 14564, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 14564 was a Buyer's Market.
Key Takeaway
14564 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14564, NY
How much do homes in 14564, NY cost?
Median Sold Price
$433,500
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14564 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 14564 was $433,500 in March 2024, down 1.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $187.4K | $230.7K | +23.1% |
| 3 Bedrooms | $305K | $360K | +18.0% |
| 4 Bedrooms | $460K | $504.7K | +9.7% |
| 5+ Bedrooms | $642.5K | $700K | +8.9% |
Summary: 14564 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 23.1%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in 14564, NY
How many homes are available in 14564, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 33 | -17.5% |
Summary: The 14564 real estate market had 33 homes for sale in March 2024, a 17.5% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 14564 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 decreased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14564, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 14564 in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 14564, NY
How long does it take to sell a home in 14564, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 187 Days | 31 Days | -83.3% |
Summary: Homes in 14564 had an average of 31 days on market in Mar 2024, down by 83.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 14564 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 14564; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
