Is 14895, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14895 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 14895 has remained a Buyer's Market.

Key Takeaway

14895 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 14895, NY

How much do homes in 14895, NY cost?

Median Sold Price

$110,000

$81/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+4.8%)

Key Takeaway

Homes in 14895 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 14895 was $110,000 in April 2024, up 4.8% from last year, and the median price per square foot was $81.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $169K$49.9K
-70.5%
2 $79.5K$91K
+14.5%
3 $112K$118K
+5.4%
4 $115K$100K
-13.0%
5+ $128K$129.1K
+0.9%

Summary: 14895 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.5%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 0.9%.

Housing Supply in 14895, NY

How many homes are available in 14895, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3429-14.7%

Summary: The 14895 real estate market had 29 homes for sale in April 2024, a 14.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 20
-100.0%
2 63
-50.0%
3 1717
0.0%
4 66
0.0%
5+ 33
0.0%

Summary: The 14895 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14895, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 14895 in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 14895, NY

How long does it take to sell a home in 14895, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
54 Days114 Days+110.3%

Summary: Homes in 14895 had an average of 114 days on market in Apr 2024, up by 110.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 14895 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in 14895; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 13 Days Ago

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