Is 14622, 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, 14622 has remained a Seller's Market.
Key Takeaway
14622 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14622, NY
How much do homes in 14622, NY cost?
Median Sold Price
$207,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 14622 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 14622 was $207,000 in April 2024, up 12.6% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.1K | $250K | +71.0% |
| 2 Bedrooms | $137.9K | $185K | +34.1% |
| 3 Bedrooms | $185.5K | $213.8K | +15.3% |
| 4 Bedrooms | $189.4K | $222K | +17.2% |
| 5+ Bedrooms | $244K | $340K | +39.3% |
Summary: 14622 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71%, 2 bedroom homes increased by 34.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 39.3%.
Housing Supply in 14622, NY
How many homes are available in 14622, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Summary: The 14622 real estate market had 29 homes for sale in April 2024, a 9.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 14622 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 20%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14622, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 14622 in April 2024, down by 21.4% month-over-month. Of the 11 sold homes, 9% were sold under asking, 18% were sold at asking, and 73% were sold over asking.
Days on Market for 14622, NY
How long does it take to sell a home in 14622, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 12 Days | +100.8% |
Summary: Homes in 14622 had an average of 12 days on market in Apr 2024, up by 100.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14622 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in 14622; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
