Is 14615, 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, 14615 has remained a Seller's Market.
Key Takeaway
14615 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14615, NY
How much do homes in 14615, NY cost?
Median Sold Price
$162,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14615 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 14615 was $162,000 in March 2024, up 8% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $86.4K | +44.0% |
| 2 Bedrooms | $128.2K | $136.2K | +6.2% |
| 3 Bedrooms | $151K | $165K | +9.3% |
| 4 Bedrooms | $179.9K | $185K | +2.8% |
| 5+ Bedrooms | $240K | $154K | -35.8% |
Summary: 14615 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 35.8%.
Housing Supply in 14615, NY
How many homes are available in 14615, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 33 | -34.0% |
Summary: The 14615 real estate market had 33 homes for sale in March 2024, a 34.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 3 | -57.1% |
| 3 Bedrooms | 31 | 19 | -38.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 14615 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 57.1%, 3 bedroom homes decreased by 38.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14615, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 14615 in March 2024, the same as the previous month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and 71% were sold over asking.
Days on Market for 14615, NY
How long does it take to sell a home in 14615, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 12 Days | -43.1% |
Summary: Homes in 14615 had an average of 12 days on market in Mar 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14615 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in 14615; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
