Is 14737, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 14737 has remained a Seller's Market.
Key Takeaway
14737 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 14737, NY
How much do homes in 14737, NY cost?
Median Sold Price
$145,000
$87/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in 14737 has remained the same since last year.
Summary: The median home sold price in 14737 was $145,000 in May 2024, the same as last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $142.4K | $140K | -1.7% |
| 3 Bedrooms | $151.4K | $135K | -10.9% |
| 4 Bedrooms | $148.4K | $195K | +31.4% |
| 5+ Bedrooms | $143K | $90K | -37.1% |
Summary: 14737 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes decreased by 37.1%.
Median Sold Price Compared To Nearby Zip Codes
| 14042 | $155K | $160K | +3.2% |
| 14737 | $145K | $145K | 0.0% |
Housing Supply in 14737, NY
How many homes are available in 14737, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The 14737 real estate market had 18 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 14737 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 14737, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 14737 in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 14737, NY
How long does it take to sell a home in 14737, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 10 Days | 15 Days | +46.5% |
Summary: Homes in 14737 had an average of 15 days on market in May 2024, up by 46.5% compared to last year.
Breakdown of Home Sale Times
3 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 14737 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in 14737; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
