Is 14738, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14738 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 14738 was a Buyer's Market.

Key Takeaway

14738 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14738, NY

How much do homes in 14738, NY cost?

Median Sold Price

$107,500

$84/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$467,500(-81.3%)

Key Takeaway

Homes in 14738 have sold for 81.3% less than they did a month ago.

Summary: The median home sold price in 14738 was $107,500 in March 2024, down 81.3% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $575K$140K
-75.7%
4 -$75K
N/A
5+ --
N/A

Summary: 14738 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 75.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 14738, NY

How many homes are available in 14738, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
89+12.5%

Summary: The 14738 real estate market had 9 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 65
-16.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The 14738 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14738, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 14738 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 14738, NY

How long does it take to sell a home in 14738, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
11 Days41 Days+277.3%

Summary: Homes in 14738 had an average of 41 days on market in Mar 2024, up by 277.3% compared to last month.

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 14738 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 14738; 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 28 Days Ago

Newest Listings in 14738, NY

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