Is Irondequoit, 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, Irondequoit has remained a Seller's Market.
Key Takeaway
Irondequoit is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Irondequoit, NY
How much do homes in Irondequoit, NY cost?
Median Sold Price
$220,057
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Irondequoit have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Irondequoit was $220,057 in March 2024, up 15.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98K | $128K | +30.6% |
| 2 Bedrooms | $159.5K | $191.5K | +20.0% |
| 3 Bedrooms | $190K | $220K | +15.8% |
| 4 Bedrooms | $213.5K | $248.7K | +16.5% |
| 5+ Bedrooms | $236.5K | $295K | +24.7% |
Summary: Irondequoit housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 24.7%.
Housing Supply in Irondequoit, NY
How many homes are available in Irondequoit, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 113 | 100 | -11.5% |
Summary: The Irondequoit real estate market had 100 homes for sale in March 2024, a 11.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 69 | 53 | -23.2% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Irondequoit 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 increased by 41.7%, 3 bedroom homes decreased by 23.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 43 | +30.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Irondequoit, you could pay more than the asking price. 83.7% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in Irondequoit in March 2024, up by 30.3% month-over-month. Of the 43 sold homes, 12% were sold under asking, 5% were sold at asking, and 84% were sold over asking.
Days on Market for Irondequoit, NY
How long does it take to sell a home in Irondequoit, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 12 Days | +53.5% |
Summary: Homes in Irondequoit had an average of 12 days on market in Mar 2024, up by 53.5% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Irondequoit are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 43 homes were sold in Irondequoit; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
