Is 14610, 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, 14610 has remained a Seller's Market.
Key Takeaway
14610 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14610, NY
How much do homes in 14610, NY cost?
Median Sold Price
$307,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14610 have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in 14610 was $307,500 in March 2024, up 15.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $150K | -14.3% |
| 2 Bedrooms | $234.8K | $230K | -2.1% |
| 3 Bedrooms | $240.1K | $275K | +14.5% |
| 4 Bedrooms | $325K | $411.5K | +26.6% |
| 5+ Bedrooms | $550K | $465K | -15.5% |
Summary: 14610 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Zip Codes
| 14618 | $300K | $375.5K | +25.2% |
| 14610 | $267K | $307.5K | +15.2% |
| 14625 | $300K | $325K | +8.3% |
| 14609 | $165K | $166.3K | +0.8% |
Housing Supply in 14610, NY
How many homes are available in 14610, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The 14610 real estate market had 31 homes for sale in March 2024, a 19.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 3 | 8 | +166.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 14610 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 16.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14610, 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 14610 in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 14610, NY
How long does it take to sell a home in 14610, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 7 Days | -18.3% |
Summary: Homes in 14610 had an average of 7 days on market in Mar 2024, down by 18.3% 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 14610 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 14610; 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.
