Is Lewis County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lewis County was a Seller's Market.
Housing Prices in Lewis County, NY
How much do homes in Lewis County, NY cost?
Median Sold Price
$170,900
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lewis County was $170,900 in March 2024, up 0.5% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $88K | $80K | -9.1% |
2 Bedrooms | $120K | $135K | +12.5% |
3 Bedrooms | $175K | $175K | 0.0% |
4 Bedrooms | $208K | $198.5K | -4.6% |
5+ Bedrooms | $174K | $185K | +6.3% |
Summary: Lewis County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 12.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Counties
Oneida County | $182.5K | $187.8K | +2.9% |
Jefferson County | $200.2K | $202K | +0.9% |
Lewis County | $170K | $170.9K | 0.5% |
Herkimer County | $160K | $155K | -3.1% |
Housing Supply in Lewis County, NY
How many homes are available in Lewis County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 80 | +5.3% |
Summary: The Lewis County real estate market had 80 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 26 | 31 | +19.2% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Lewis County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Lewis County in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Lewis County, NY
How long does it take to sell a home in Lewis County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 81 Days | +40.6% |
Summary: Homes in Lewis County had an average of 81 days on market in Mar 2024, up by 40.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Lewis County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.