Is Little Valley, 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, Little Valley has remained a Seller's Market.
Key Takeaway
Little Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Little Valley, NY
How much do homes in Little Valley, NY cost?
Median Sold Price
$127,500
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Little Valley have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Little Valley was $127,500 in March 2024, up 1.6% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $114.9K | N/A |
| 2 Bedrooms | $106K | $122.3K | +15.4% |
| 3 Bedrooms | $120.5K | $137.8K | +14.4% |
| 4 Bedrooms | $195K | $184.9K | -5.2% |
| 5+ Bedrooms | $325K | $162.5K | -50.0% |
Summary: Little Valley 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 increased by 15.4%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 50%.
Housing Supply in Little Valley, NY
How many homes are available in Little Valley, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Little Valley real estate market had 4 homes for sale in March 2024, a 33.3% 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 | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Little Valley 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Little Valley, 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 Little Valley in March 2024, the same as the previous 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 Little Valley, NY
How long does it take to sell a home in Little Valley, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 42 Days | +47.4% |
Summary: Homes in Little Valley had an average of 42 days on market in Mar 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Little Valley has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Little Valley; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
