Is 14589, 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, 14589 has remained a Seller's Market.
Key Takeaway
14589 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14589, NY
How much do homes in 14589, NY cost?
Median Sold Price
$225,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14589 have sold for 25.8% more than they did a year ago.
Summary: The median home sold price in 14589 was $225,000 in March 2024, up 25.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $111.5K | N/A |
| 2 Bedrooms | $115K | $157K | +36.5% |
| 3 Bedrooms | $198.7K | $227.5K | +14.5% |
| 4 Bedrooms | $193.5K | $242.5K | +25.3% |
| 5+ Bedrooms | $200K | $273.2K | +36.6% |
Summary: 14589 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 36.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes increased by 36.6%.
Median Sold Price Compared To Nearby Zip Codes
| 14589 | $178.9K | $225K | +25.8% |
| 14519 | $280K | $330K | +17.9% |
| 14551 | $165K | $160.7K | -2.6% |
Housing Supply in 14589, NY
How many homes are available in 14589, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The 14589 real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 14589 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 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14589, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 14589 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 14589, NY
How long does it take to sell a home in 14589, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 7 Days | 18 Days | +136.6% |
Summary: Homes in 14589 had an average of 18 days on market in Mar 2024, up by 136.6% compared to last year.
Breakdown of Home Sale Times
2 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 14589 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 14589; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
