Is 14706, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14706 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 14706 was a Buyer's Market.

Key Takeaway

14706 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14706, NY

How much do homes in 14706, NY cost?

Median Sold Price

$152,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$33,000(-17.8%)

Key Takeaway

Homes in 14706 have sold for 17.8% less than they did a year ago.

Summary: The median home sold price in 14706 was $152,000 in April 2024, down 17.8% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$37K
N/A
2 $110K$78.7K
-28.4%
3 $149K$159.9K
+7.3%
4 $221.5K$235K
+6.1%
5+ $341.1K$460K
+34.8%

Summary: 14706 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 34.8%.

Median Sold Price Compared To Nearby Zip Codes

14760
+11.5%
14741
-15.7%
14706
-17.8%

Housing Supply in 14706, NY

How many homes are available in 14706, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1410-28.6%

Summary: The 14706 real estate market had 10 homes for sale in April 2024, a 28.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 74
-42.9%
4 22
0.0%
5+ 43
-25.0%

Summary: The 14706 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14706, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 14706 in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 14706, NY

How long does it take to sell a home in 14706, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days60 Days+1400.0%

Summary: Homes in 14706 had an average of 60 days on market in Apr 2024, up by 1400% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14706 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 14706; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in 14706, NY

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