Is Churchville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Churchville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Churchville has remained a Seller's Market.

Key Takeaway

Churchville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Churchville, NY

How much do homes in Churchville, NY cost?

Median Sold Price

$284,250

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,600(+2.0%)

Key Takeaway

Homes in Churchville have sold for 2% more than they did a year ago.

Summary: The median home sold price in Churchville was $284,250 in November 2024, up 2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $156K$221K
+41.7%
3 $286.5K$280K
-2.3%
4 $320K$300K
-6.3%
5+ $350K$350K
0.0%

Summary: Churchville 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 41.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Riga
+10.0%
Churchville
+2.0%

Housing Supply in Churchville, NY

How many homes are available in Churchville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1814-22.2%

Summary: The Churchville real estate market had 14 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 127
-41.7%
4 66
0.0%
5+ 00
0.0%

Summary: The Churchville 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 increased by 100%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Churchville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Churchville in November 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Churchville, NY

How long does it take to sell a home in Churchville, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days29 Days+153.9%

Summary: Homes in Churchville had an average of 29 days on market in Nov 2024, up by 153.9% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Churchville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Churchville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Churchville, NY

Nearby Markets to Churchville, NY