Is Ontario, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Ontario has remained a Buyer's Market.
Housing Prices in Ontario, NY
How much do homes in Ontario, NY cost?
Median Sold Price
$310,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Ontario was $310,000 in February 2024, up 10.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $103K | N/A |
2 Bedrooms | $195.8K | $195K | -0.4% |
3 Bedrooms | $249K | $290K | +16.5% |
4 Bedrooms | $310K | $325K | +4.8% |
5+ Bedrooms | $406.2K | $445.7K | +9.7% |
Summary: Ontario housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Williamson | $183.5K | $225K | +22.6% |
Ontario | $280K | $310K | +10.7% |
Housing Supply in Ontario, NY
How many homes are available in Ontario, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Summary: The Ontario real estate market had 18 homes for sale in February 2024, a 18.2% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 16 | 9 | -43.8% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Ontario housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 43.8%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ontario in February 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ontario, NY
How long does it take to sell a home in Ontario, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
4 Days | 7 Days | +75.0% |
Summary: Homes in Ontario had an average of 7 days on market in Feb 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Ontario; 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.