Is Chili, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Chili has remained a Seller's Market.
Housing Prices in Chili, NY
How much do homes in Chili, NY cost?
Median Sold Price
$250,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Chili was $250,000 in June 2024, up 8.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $135K | +3.8% |
2 Bedrooms | $180K | $217.1K | +20.6% |
3 Bedrooms | $230K | $245.9K | +6.9% |
4 Bedrooms | $240K | $282.3K | +17.6% |
5+ Bedrooms | $385K | $285K | -26.0% |
Summary: Chili housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 26%.
Housing Supply in Chili, NY
How many homes are available in Chili, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
67 | 68 | +1.5% |
Summary: The Chili real estate market had 68 homes for sale in June 2024, a 1.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 36 | 27 | -25.0% |
4 Bedrooms | 21 | 31 | +47.6% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Chili housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
15 | 21 | +40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Chili in June 2024, up by 40.0% month-over-month. Of the 21 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chili, NY
How long does it take to sell a home in Chili, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
7 Days | 7 Days | -4.8% |
Summary: Homes in Chili had an average of 7 days on market in Jun 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 21 homes were sold in Chili; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.