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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henrietta is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Henrietta was a Seller's Market.

Key Takeaway

Henrietta is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Henrietta, NY

How much do homes in Henrietta, NY cost?

Median Sold Price

$256,252

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$23,752(+10.2%)

Key Takeaway

Homes in Henrietta have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Henrietta was $256,252 in February 2024, up 10.2% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $107K$139.9K
+30.7%
2 $210.7K$233K
+10.5%
3 $222.2K$245K
+10.2%
4 $256K$290K
+13.3%
5+ $287K$284K
-1.0%

Summary: Henrietta housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Brighton
+18.3%
West Henrietta
+12.5%
Henrietta
+10.2%
Chili
+7.6%

Housing Supply in Henrietta, NY

How many homes are available in Henrietta, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6145-26.2%

Summary: The Henrietta real estate market had 45 homes for sale in February 2024, a 26.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 88
0.0%
3 3024
-20.0%
4 1510
-33.3%
5+ 83
-62.5%

Summary: The Henrietta housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 62.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
217-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henrietta, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Henrietta in February 2024, down by 66.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for Henrietta, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
9 Days17 Days+85.7%

Summary: Homes in Henrietta had an average of 17 days on market in Feb 2024, up by 85.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 7 homes were sold in Henrietta; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

Newest Listings in Henrietta, NY

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