Is Lyncourt, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lyncourt was a Buyer's Market.
Key Takeaway
Lyncourt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lyncourt, NY
How much do homes in Lyncourt, NY cost?
Median Sold Price
$170,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lyncourt have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Lyncourt was $170,000 in April 2024, up 8.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110.6K | $121K | +9.4% |
| 3 Bedrooms | $160K | $175K | +9.4% |
| 4 Bedrooms | $181.5K | $185K | +1.9% |
| 5+ Bedrooms | $245K | $242.5K | -1.0% |
Summary: Lyncourt housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastwood | $145.5K | $167.5K | +15.1% |
| Lyncourt | $156.2K | $170K | +8.8% |
| Northside Syracuse | $130K | $120K | -7.7% |
Housing Supply in Lyncourt, NY
How many homes are available in Lyncourt, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Summary: The Lyncourt real estate market had 9 homes for sale in April 2024, a 40.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lyncourt housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lyncourt, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lyncourt in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lyncourt, NY
How long does it take to sell a home in Lyncourt, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 22 Days | +55.2% |
Summary: Homes in Lyncourt had an average of 22 days on market in Apr 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyncourt are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Lyncourt; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
