Is Eastside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Eastside has remained a Seller's Market.
Key Takeaway
Eastside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastside, NY
How much do homes in Eastside, NY cost?
Median Sold Price
$214,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eastside have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Eastside was $214,000 in April 2024, up 8.4% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159K | $187.5K | +17.9% |
| 2 Bedrooms | $156.5K | $178.6K | +14.1% |
| 3 Bedrooms | $190K | $200K | +5.3% |
| 4 Bedrooms | $210K | $250K | +19.0% |
| 5+ Bedrooms | $220K | $265K | +20.5% |
Summary: Eastside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Neighborhoods
| The Valley | $128K | $153.2K | +19.7% |
| Eastwood | $145.5K | $167.5K | +15.1% |
| Eastside | $197.5K | $214K | +8.4% |
| Northside Syracuse | $130K | $120K | -7.7% |
Housing Supply in Eastside, NY
How many homes are available in Eastside, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Summary: The Eastside real estate market had 43 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Eastside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Eastside in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Eastside, NY
How long does it take to sell a home in Eastside, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 26 Days | -20.6% |
Summary: Homes in Eastside had an average of 26 days on market in Apr 2024, down by 20.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Eastside are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Eastside; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
