$3,741 Closing Credit*
$315,000
1,800 SqFt
3 Beds
•3 Full Baths
David T. Hanlon, Listing Office: Howard Hanna Real Estate
Is De Witt, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, De Witt has remained a Seller's Market.
Key Takeaway
De Witt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in De Witt, NY
How much do homes in De Witt, NY cost?
Median Sold Price
$269,666
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$9,666(+3.7%)
Key Takeaway
Homes in De Witt have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in De Witt was $269,666 in September 2024, up 3.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $133K | +15.7% |
| 2 Bedrooms | $165K | $157.5K | -4.5% |
| 3 Bedrooms | $211K | $245K | +16.1% |
| 4 Bedrooms | $333.2K | $349.9K | +5.0% |
| 5+ Bedrooms | $507.5K | $375.5K | -26.0% |
Summary: De Witt housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 26%.
Median Sold Price Compared To Nearby Cities
| Jamesville | $335K | $475K | +41.8% |
| Salina | $180.2K | $202K | +12.1% |
| East Syracuse | $207.2K | $225K | +8.6% |
| Syracuse | $169.8K | $179.4K | +5.7% |
| De Witt | $260K | $269.6K | +3.7% |
Housing Supply in De Witt, NY
How many homes are available in De Witt, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 101 | 92 | -8.9% |
Summary: The De Witt real estate market had 92 homes for sale in September 2024, a 8.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 42 | 36 | -14.3% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The De Witt housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in De Witt, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in De Witt in September 2024, down by 26.7% month-over-month. Of the 22 sold homes, 23% were sold under asking, 23% were sold at asking, and 55% were sold over asking.
Days on Market for De Witt, NY
How long does it take to sell a home in De Witt, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 15 Days | 8 Days | -46.5% |
Summary: Homes in De Witt had an average of 8 days on market in Sep 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in De Witt are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 22 homes were sold in De Witt; 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.
