Is 14586, 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, 14586 was a Buyer's Market.
Key Takeaway
14586 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14586, NY
How much do homes in 14586, NY cost?
Median Sold Price
$315,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14586 have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in 14586 was $315,000 in April 2024, up 12.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | - | N/A |
| 2 Bedrooms | $200K | $229.9K | +15.0% |
| 3 Bedrooms | $279.5K | $308.5K | +10.4% |
| 4 Bedrooms | $315K | $380K | +20.6% |
| 5+ Bedrooms | $402K | $303K | -24.6% |
Summary: 14586 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 increased by 15%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes decreased by 24.6%.
Median Sold Price Compared To Nearby Zip Codes
| 14546 | $174.9K | $235.2K | +34.5% |
| 14543 | $273K | $330K | +20.9% |
| 14586 | $280K | $315K | +12.5% |
| 14623 | $203K | $224K | +10.3% |
| 14467 | $236K | $260K | +10.2% |
Housing Supply in 14586, NY
How many homes are available in 14586, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The 14586 real estate market had 21 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14586 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 decreased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14586, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 14586 in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 14586, NY
How long does it take to sell a home in 14586, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Days | 8 Days | +433.3% |
Summary: Homes in 14586 had an average of 8 days on market in Apr 2024, up by 433.3% compared to last year.
Breakdown of Home Sale Times
6 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 14586 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 14586; 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.
