Is Abbott McKinley, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Abbott McKinley has remained a Seller's Market.
Housing Prices in Abbott McKinley, NY
How much do homes in Abbott McKinley, NY cost?
Median Sold Price
$210,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Abbott McKinley was $210,000 in April 2024, up 5% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | - | N/A |
3 Bedrooms | $205K | $200K | -2.4% |
4 Bedrooms | $193.7K | $230.2K | +18.8% |
5+ Bedrooms | $125K | $235K | +88.0% |
Summary: Abbott McKinley 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 did not change, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 88%.
Median Sold Price Compared To Nearby Neighborhoods
Cazenovia Park | $142.5K | $175K | +22.8% |
Abbott McKinley | $200K | $210K | +5.0% |
Seneca | $179.9K | $185K | +2.8% |
Housing Supply in Abbott McKinley, NY
How many homes are available in Abbott McKinley, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Summary: The Abbott McKinley real estate market had 16 homes for sale in April 2024, a 15.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Abbott McKinley 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Abbott McKinley in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Abbott McKinley, NY
How long does it take to sell a home in Abbott McKinley, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 28 Days | -33.1% |
Summary: Homes in Abbott McKinley had an average of 28 days on market in Apr 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Abbott McKinley; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.