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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pompey is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Pompey has remained a Seller's Market.

Key Takeaway

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

How much do homes in Pompey, NY cost?

Median Sold Price

$410,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$39,000(+10.5%)

Key Takeaway

Homes in Pompey have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $125K$150K
+20.0%
3 $180.2K$335K
+85.9%
4 $380K$475K
+25.0%
5+ $445K$517.5K
+16.3%

Median Sold Price Compared To Nearby Cities

Jamesville
+16.3%
LaFayette
+11.1%
Pompey
+10.5%
La Fayette
+9.3%

How many homes are available in Pompey, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
2924-17.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 12
+100.0%
3 66
0.0%
4 1411
-21.4%
5+ 85
-37.5%

Number of Homes Sold

Sep 2022Oct 2022%
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pompey, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
21 Days12 Days-43.1%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pompey are selling fast, if you're buying plan to act quickly.

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

About Pompey, NY

Homes for sale in Pompey, NY have reached 24. The number of listings in Pompey, NY decreased by 17.2% between September 2022 and October 2022. Listings spent 12 days on the market in October 2022, and had a median list price of $410,000 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 20%, 3 bedrooms properties prices increased by 85.9%, prices of 4 bedrooms properties went up by 25%, 5 bedrooms properties became 16.3% more expensive. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 100%, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes went down by 21.4%, 5 bedrooms homes became 37.5% less available. In October 2022 more than 3 listings in Pompey, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.

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