Is 14724, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14724 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 14724 was a Neutral Market.

Key Takeaway

14724 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14724, NY

How much do homes in 14724, NY cost?

Median Sold Price

$270,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,500(+11.3%)

Key Takeaway

Homes in 14724 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 14724 was $270,000 in April 2024, up 11.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $159K$110K
-30.8%
2 $239.5K$211.2K
-11.8%
3 $285K$350K
+22.8%
4 $240K$500K
+108.3%
5+ $249.9K$690K
+176.1%

Summary: 14724 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.8%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 108.3%, and 5+ bedroom homes increased by 176.1%.

Housing Supply in 14724, NY

How many homes are available in 14724, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1015+50.0%

Summary: The 14724 real estate market had 15 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 36
+100.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The 14724 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

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 14724, 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 14724 in April 2024, up by 100.0% 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 14724, NY

How long does it take to sell a home in 14724, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days32 Days+68.4%

Summary: Homes in 14724 had an average of 32 days on market in Apr 2024, up by 68.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14724 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 14724; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 14724, NY

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