Is 14580, 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, 14580 has remained a Seller's Market.
Key Takeaway
14580 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14580, NY
How much do homes in 14580, NY cost?
Median Sold Price
$340,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14580 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 14580 was $340,000 in March 2024, up 11.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $220K | $253K | +15.0% |
| 3 Bedrooms | $280K | $301K | +7.5% |
| 4 Bedrooms | $350.3K | $412.5K | +17.8% |
| 5+ Bedrooms | $415.5K | $448K | +7.8% |
Summary: 14580 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 15%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Zip Codes
| 14580 | $305K | $340K | +11.5% |
| 14622 | $183K | $203.2K | +11.1% |
| 14625 | $300K | $325K | +8.3% |
| 14526 | $289K | $303K | +4.8% |
| 14609 | $165K | $166.3K | +0.8% |
Housing Supply in 14580, NY
How many homes are available in 14580, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 87 | +11.5% |
Summary: The 14580 real estate market had 87 homes for sale in March 2024, a 11.5% increase 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 | 15 | 15 | 0.0% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 14580 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 increased by 5.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14580, you could pay more than the asking price. 84.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 14580 in March 2024, down by 17.4% month-over-month. Of the 19 sold homes, 11% were sold under asking, 5% were sold at asking, and 84% were sold over asking.
Days on Market for 14580, NY
How long does it take to sell a home in 14580, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 12 Days | 10 Days | -10.1% |
Summary: Homes in 14580 had an average of 10 days on market in Mar 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14580 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in 14580; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
