Is 14626, 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, 14626 has remained a Seller's Market.
Key Takeaway
14626 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14626, NY
How much do homes in 14626, NY cost?
Median Sold Price
$239,300
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 14626 have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in 14626 was $239,300 in March 2024, up 13.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $184.9K | $211.5K | +14.4% |
| 3 Bedrooms | $205K | $230K | +12.2% |
| 4 Bedrooms | $229.9K | $265K | +15.3% |
| 5+ Bedrooms | $277.5K | $300K | +8.1% |
Summary: 14626 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 increased by 14.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in 14626, NY
How many homes are available in 14626, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Summary: The 14626 real estate market had 53 homes for sale in March 2024, a 3.9% increase 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 | 4 | -42.9% |
| 3 Bedrooms | 31 | 29 | -6.5% |
| 4 Bedrooms | 11 | 17 | +54.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 14626 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 42.9%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14626, you could pay more than the asking price. 84.6% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 14626 in March 2024, down by 18.8% month-over-month. Of the 13 sold homes, 15% were sold under asking, 0% were sold at asking, and 85% were sold over asking.
Days on Market for 14626, NY
How long does it take to sell a home in 14626, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 11 Days | -10.5% |
Summary: Homes in 14626 had an average of 11 days on market in Mar 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
11 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 14626 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in 14626; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
