Is Nunda, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunda is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Nunda has remained a Seller's Market.

Key Takeaway

Nunda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nunda, NY

How much do homes in Nunda, NY cost?

Median Sold Price

$140,000

$56/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$73,500(-34.4%)

Key Takeaway

Homes in Nunda have sold for 34.4% less than they did a month ago.

Summary: The median home sold price in Nunda was $140,000 in February 2024, down 34.4% from last month, and the median price per square foot was $56.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $30.8K-
N/A
2 $237K$140K
-40.9%
3 $265K-
N/A
4 $190K-
N/A
5+ --
N/A

Summary: Nunda housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nunda, NY

How many homes are available in Nunda, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
64-33.3%

Summary: The Nunda real estate market had 4 homes for sale in February 2024, a 33.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 11
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Nunda housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunda, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Nunda in February 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Nunda, NY

How long does it take to sell a home in Nunda, NY?

Average Sale Time

Jan 2024Feb 2024CHANGE
29 Days50 Days+72.4%

Summary: Homes in Nunda had an average of 50 days on market in Feb 2024, up by 72.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Nunda has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Nunda; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Nunda, NY

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