Is 14613, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14613 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 14613 has remained a Seller's Market.

Key Takeaway

14613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14613, NY

How much do homes in 14613, NY cost?

Median Sold Price

$120,000

$61/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,600(+16.1%)

Key Takeaway

Homes in 14613 have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in 14613 was $120,000 in April 2024, up 16.1% from last year, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $16.5K-
N/A
2 $58.5K$55K
-6.0%
3 $90K$113K
+25.6%
4 $137K$116K
-15.3%
5+ $135K$145.5K
+7.8%

Summary: 14613 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 decreased by 6%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

14613
+16.1%
14608
+7.4%
14615
+7.3%
14621
+5.6%
14605
-0.9%

Housing Supply in 14613, NY

How many homes are available in 14613, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5852-10.3%

Summary: The 14613 real estate market had 52 homes for sale in April 2024, a 10.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2414
-41.7%
4 1824
+33.3%
5+ 1412
-14.3%

Summary: The 14613 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 remained the same, 3 bedroom homes decreased by 41.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1819+5.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14613, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 14613 in April 2024, up by 5.6% month-over-month. Of the 19 sold homes, 21% were sold under asking, 5% were sold at asking, and 74% were sold over asking.

Days on Market for 14613, NY

How long does it take to sell a home in 14613, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days20 Days+9.7%

Summary: Homes in 14613 had an average of 20 days on market in Apr 2024, up by 9.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14613 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in 14613; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 14613, NY

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