Is 14611, 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, 14611 has remained a Seller's Market.
Key Takeaway
14611 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14611, NY
How much do homes in 14611, NY cost?
Median Sold Price
$85,000
$55/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14611 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 14611 was $85,000 in April 2024, up 1.5% from last year, and the median price per square foot was $55.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33.7K | - | N/A |
| 2 Bedrooms | $53.9K | $102.5K | +90.0% |
| 3 Bedrooms | $85K | $80K | -5.9% |
| 4 Bedrooms | $109.5K | $85.5K | -21.9% |
| 5+ Bedrooms | $55.9K | $80K | +43.1% |
Summary: 14611 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 90%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes increased by 43.1%.
Housing Supply in 14611, NY
How many homes are available in 14611, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 54 | -19.4% |
Summary: The 14611 real estate market had 54 homes for sale in April 2024, a 19.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 24 | 17 | -29.2% |
| 4 Bedrooms | 22 | 15 | -31.8% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 14611 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 increased by 16.7%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14611, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 14611 in April 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for 14611, NY
How long does it take to sell a home in 14611, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 25 Days | +81.5% |
Summary: Homes in 14611 had an average of 25 days on market in Apr 2024, up by 81.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14611 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in 14611; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.