Is Cicero, 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, Cicero has remained a Seller's Market.
Housing Prices in Cicero, NY
How much do homes in Cicero, NY cost?
Median Sold Price
$244,350
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cicero was $244,350 in March 2024, up 11.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149K | - | N/A |
2 Bedrooms | $157.5K | $165K | +4.8% |
3 Bedrooms | $205K | $230K | +12.2% |
4 Bedrooms | $300K | $301.7K | +0.6% |
5+ Bedrooms | $340K | $270K | -20.6% |
Summary: Cicero 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 increased by 4.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 20.6%.
Median Sold Price Compared To Nearby Cities
Brewerton | $241.2K | $277K | +14.8% |
Cicero | $220K | $244.3K | +11.1% |
Bridgeport | $187.4K | $191K | +1.9% |
Housing Supply in Cicero, NY
How many homes are available in Cicero, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 75 | +5.6% |
Summary: The Cicero real estate market had 75 homes for sale in March 2024, a 5.6% increase 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 | 9 | 6 | -33.3% |
3 Bedrooms | 41 | 41 | 0.0% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Cicero 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Cicero in March 2024, down by 19.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% were sold over asking.
Days on Market for Cicero, NY
How long does it take to sell a home in Cicero, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 15 Days | -45.5% |
Summary: Homes in Cicero had an average of 15 days on market in Mar 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
14 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, 17 homes were sold in Cicero; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.