$7,421 Closing Credit*
$624,900
1,724 SqFt
4 Beds
•1 Full Bath
Daniel Heisey, Listing Office: Landquest Inc.
Is Canisteo, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Canisteo has remained a Seller's Market.
Key Takeaway
Canisteo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canisteo, NY
How much do homes in Canisteo, NY cost?
Median Sold Price
$145,000
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+36.8%)
Key Takeaway
Homes in Canisteo have sold for 36.8% more than they did a year ago.
Summary: The median home sold price in Canisteo was $145,000 in November 2024, up 36.8% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56K | - | N/A |
| 2 Bedrooms | $84.1K | $102.3K | +21.7% |
| 3 Bedrooms | $120.9K | $166K | +37.3% |
| 4 Bedrooms | $167K | $147.1K | -11.9% |
| 5+ Bedrooms | $345K | $171.9K | -50.2% |
Summary: Canisteo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 37.3%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 50.2%.
Housing Supply in Canisteo, NY
How many homes are available in Canisteo, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Canisteo real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Canisteo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canisteo, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Canisteo in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Canisteo, NY
How long does it take to sell a home in Canisteo, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 72 Days | +246.0% |
Summary: Homes in Canisteo had an average of 72 days on market in Nov 2024, up by 246% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Canisteo are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Canisteo; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
