Is 14620, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14620 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 14620 has remained a Seller's Market.

Key Takeaway

14620 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 14620, NY cost?

Median Sold Price

$217,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$12,000(+5.9%)

Key Takeaway

Homes in 14620 have sold for 5.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$100K
N/A
2 $147.8K$172.2K
+16.5%
3 $205K$220K
+7.3%
4 $255K$230K
-9.8%
5+ $225K$279.9K
+24.4%

Median Sold Price Compared To Nearby Zip Codes

14620
+5.9%
14608
-20.8%

How many homes are available in 14620, NY?

Number of Homes For Sale

Jan 2023Feb 2023%
2115-28.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 22
0.0%
3 127
-41.7%
4 54
-20.0%
5+ 11
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
770.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14620, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
7 Days16 Days+105.5%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14620 are selling fast, if you're buying plan to act quickly.

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

About 14620, NY

There are 15 homes are for sale in 14620, NY real estate market. The number of listings in 14620, NY decreased by 28.6% between January 2023 and February 2023. In February 2023 median list price was $217,000 and the average listing age was 16 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 16.5%, prices of 3 bedrooms properties went up by 7.3%, prices of 4 bedrooms properties decreased by 9.8%, prices of 5 bedrooms properties went up by 24.4%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 41.7% less available, volume of 4 bedrooms homes went down by 20%, 5 bedrooms homes inventory did not change. Over 6 listings were sold over their listed price in February 2023 in 14620, NY. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.