Is 14609, 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, 14609 has remained a Seller's Market.
Key Takeaway
14609 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14609, NY
How much do homes in 14609, NY cost?
Median Sold Price
$168,058
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14609 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 14609 was $168,058 in April 2024, up 1.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.5K | $74K | -25.6% |
| 2 Bedrooms | $140.7K | $176K | +25.1% |
| 3 Bedrooms | $170K | $183.6K | +8.0% |
| 4 Bedrooms | $160K | $150K | -6.3% |
| 5+ Bedrooms | $135K | $130K | -3.7% |
Summary: 14609 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.6%, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 3.7%.
Housing Supply in 14609, NY
How many homes are available in 14609, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 119 | 104 | -12.6% |
Summary: The 14609 real estate market had 104 homes for sale in April 2024, a 12.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 16 | 11 | -31.3% |
| 3 Bedrooms | 54 | 50 | -7.4% |
| 4 Bedrooms | 33 | 26 | -21.2% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 14609 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 33 | -13.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14609, you could pay more than the asking price. 84.8% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 14609 in April 2024, down by 13.2% month-over-month. Of the 33 sold homes, 6% were sold under asking, 9% were sold at asking, and 85% were sold over asking.
Days on Market for 14609, NY
How long does it take to sell a home in 14609, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 13 Days | -31.3% |
Summary: Homes in 14609 had an average of 13 days on market in Apr 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
31 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 14609 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in 14609; 94% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
