Is Honeoye Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Honeoye Falls is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Honeoye Falls 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 Honeoye Falls, NY

How much do homes in Honeoye Falls, NY cost?

Median Sold Price

$381,250

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$26,250(+7.4%)

Key Takeaway

Homes in Honeoye Falls have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Honeoye Falls was $381,250 in February 2024, up 7.4% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $28K$115K
+310.7%
2 $152.3K$222K
+45.7%
3 $244.9K$335K
+36.8%
4 $440K$413.5K
-6.0%
5+ $666.9K$482.5K
-27.7%

Summary: Honeoye Falls housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 310.7%, 2 bedroom homes increased by 45.7%, 3 bedroom homes increased by 36.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 27.7%.

Housing Supply in Honeoye Falls, NY

How many homes are available in Honeoye Falls, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
67+16.7%

Summary: The Honeoye Falls real estate market had 7 homes for sale in February 2024, a 16.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 41
-75.0%
4 24
+100.0%
5+ 02
+100.0%

Summary: The Honeoye Falls 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 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Honeoye Falls, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Honeoye Falls in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Honeoye Falls, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
22 Days4 Days-82.2%

Summary: Homes in Honeoye Falls had an average of 4 days on market in Feb 2024, down by 82.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Honeoye Falls; 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.

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

Report Updated 28 Days Ago

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