Is 14621, 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, 14621 has remained a Seller's Market.
Key Takeaway
14621 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14621, NY
How much do homes in 14621, NY cost?
Median Sold Price
$93,583
$55/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14621 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 14621 was $93,583 in March 2024, up 1.7% from last year, and the median price per square foot was $55.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33.6K | - | N/A |
| 2 Bedrooms | $93.4K | $93K | -0.5% |
| 3 Bedrooms | $99.8K | $107.4K | +7.7% |
| 4 Bedrooms | $81.5K | $79.9K | -1.9% |
| 5+ Bedrooms | $62.5K | $80K | +28.0% |
Summary: 14621 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 28%.
Housing Supply in 14621, NY
How many homes are available in 14621, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 106 | 104 | -1.9% |
Summary: The 14621 real estate market had 104 homes for sale in March 2024, a 1.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 39 | 43 | +10.3% |
| 4 Bedrooms | 31 | 30 | -3.2% |
| 5+ Bedrooms | 26 | 21 | -19.2% |
Summary: The 14621 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 19.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14621, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 14621 in March 2024, down by 18.5% month-over-month. Of the 22 sold homes, 41% were sold under asking, 5% were sold at asking, and 55% were sold over asking.
Days on Market for 14621, NY
How long does it take to sell a home in 14621, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 37 Days | +27.5% |
Summary: Homes in 14621 had an average of 37 days on market in Mar 2024, up by 27.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14621 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in 14621; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
