Is Kenmore, 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, Kenmore has remained a Seller's Market.
Housing Prices in Kenmore, NY
How much do homes in Kenmore, NY cost?
Median Sold Price
$243,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kenmore was $243,000 in March 2024, up 3.4% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $180.2K | $175.5K | -2.6% |
3 Bedrooms | $223K | $240K | +7.6% |
4 Bedrooms | $250K | $250K | 0.0% |
5+ Bedrooms | $251K | $278K | +10.8% |
Summary: Kenmore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
Kenmore | $235K | $243K | +3.4% |
Buffalo | $224.9K | $227.1K | +1.0% |
Housing Supply in Kenmore, NY
How many homes are available in Kenmore, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 26 | -21.2% |
Summary: The Kenmore real estate market had 26 homes for sale in March 2024, a 21.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 19 | 12 | -36.8% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Kenmore 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 decreased by 50%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Kenmore in March 2024, down by 45.5% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Kenmore, NY
How long does it take to sell a home in Kenmore, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 8 Days | -53.3% |
Summary: Homes in Kenmore had an average of 8 days on market in Mar 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Kenmore; 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.