Is Chautauqua County, 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, Chautauqua County has remained a Seller's Market.
Housing Prices in Chautauqua County, NY
How much do homes in Chautauqua County, NY cost?
Median Sold Price
$139,971
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chautauqua County was $139,971 in March 2024, down 5.2% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $141K | +8.5% |
2 Bedrooms | $135.5K | $122.8K | -9.3% |
3 Bedrooms | $136.9K | $144K | +5.1% |
4 Bedrooms | $175.2K | $139.9K | -20.2% |
5+ Bedrooms | $249.5K | $143.2K | -42.6% |
Summary: Chautauqua County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes decreased by 42.6%.
Median Sold Price Compared To Nearby Counties
Erie County | $244.6K | $250K | +2.2% |
Cattaraugus County | $143.7K | $145.7K | +1.4% |
Chautauqua County | $147.6K | $139.9K | -5.2% |
Housing Supply in Chautauqua County, NY
How many homes are available in Chautauqua County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
418 | 409 | -2.2% |
Summary: The Chautauqua County real estate market had 409 homes for sale in March 2024, a 2.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 14 | 0.0% |
2 Bedrooms | 70 | 65 | -7.1% |
3 Bedrooms | 165 | 157 | -4.8% |
4 Bedrooms | 107 | 108 | +0.9% |
5+ Bedrooms | 62 | 65 | +4.8% |
Summary: The Chautauqua County 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 7.1%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 73 | 0.0% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Chautauqua County in March 2024, the same as the previous month. Of the 73 sold homes, 62% were sold under asking, 16% were sold at asking, and 22% were sold over asking.
Days on Market for Chautauqua County, NY
How long does it take to sell a home in Chautauqua County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 36 Days | -30.4% |
Summary: Homes in Chautauqua County had an average of 36 days on market in Mar 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 73 homes were sold in Chautauqua County; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.