Is 14779, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14779 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 14779 was a Neutral Market.

Key Takeaway

14779 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 14779, NY

How much do homes in 14779, NY cost?

Median Sold Price

$95,000

$55/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,550(+5.0%)

Key Takeaway

Homes in 14779 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 14779 was $95,000 in April 2024, up 5% from last year, and the median price per square foot was $55.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $107.4K$75K
-30.2%
3 $81K$87.2K
+7.7%
4 $96K$100K
+4.2%
5+ $94K$243K
+158.5%

Summary: 14779 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 30.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 158.5%.

Housing Supply in 14779, NY

How many homes are available in 14779, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2013-35.0%

Summary: The 14779 real estate market had 13 homes for sale in April 2024, a 35.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 74
-42.9%
4 65
-16.7%
5+ 53
-40.0%

Summary: The 14779 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 decreased by 50%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 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 14779, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 14779 in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 14779, NY

How long does it take to sell a home in 14779, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
95 Days129 Days+36.1%

Summary: Homes in 14779 had an average of 129 days on market in Apr 2024, up by 36.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 14779 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in 14779; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

Newest Listings in 14779, NY

Nearby Markets to 14779, NY