Is Batavia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Batavia has remained a Seller's Market.
Housing Prices in Batavia, NY
How much do homes in Batavia, NY cost?
Median Sold Price
$155,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Batavia was $155,000 in March 2024, down 3.1% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $144.5K | $132.5K | -8.3% |
3 Bedrooms | $166.7K | $165K | -1.0% |
4 Bedrooms | $181.2K | $150K | -17.2% |
5+ Bedrooms | $133.3K | $132.5K | -0.6% |
Summary: Batavia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in Batavia, NY
How many homes are available in Batavia, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 53 | -23.2% |
Summary: The Batavia real estate market had 53 homes for sale in March 2024, a 23.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 8 | -38.5% |
3 Bedrooms | 32 | 27 | -15.6% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Batavia 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 decreased by 38.5%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Batavia in March 2024, down by 20.0% month-over-month. Of the 16 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% were sold over asking.
Days on Market for Batavia, NY
How long does it take to sell a home in Batavia, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
9 Days | 19 Days | +106.8% |
Summary: Homes in Batavia had an average of 19 days on market in Mar 2024, up by 106.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Batavia; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.