$6,519 Closing Credit*
$549,000
3,188 SqFt
4 Beds
•2 Full Baths, 1 Partial
Qizhan Yao, Listing Office: Realmart Realty LLC
Is Pompey, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
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.
Housing Prices in Pompey, NY
How much do homes in Pompey, NY cost?
Median Sold Price
$490,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$33,000(+7.2%)
Key Takeaway
Homes in Pompey have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Pompey was $490,000 in August 2024, up 7.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $140K | -50.9% |
| 2 Bedrooms | $166.7K | $320K | +91.9% |
| 3 Bedrooms | $279.9K | $319.5K | +14.1% |
| 4 Bedrooms | $500K | $521.1K | +4.2% |
| 5+ Bedrooms | $589.9K | $705K | +19.5% |
Summary: Pompey housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.9%, 2 bedroom homes increased by 91.9%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
| Jamesville | $335K | $480K | +43.3% |
| Pompey | $457K | $490K | +7.2% |
| La Fayette | $273K | $265K | -2.9% |
| LaFayette | $275K | $265.5K | -3.5% |
Housing Supply in Pompey, NY
How many homes are available in Pompey, NY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Summary: The Pompey real estate market had 31 homes for sale in August 2024, a 8.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Pompey housing inventory by bedroom type for August 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 20%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
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.
Summary: A total of 10 homes were sold or pending in Pompey in August 2024, up by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Pompey, NY
How long does it take to sell a home in Pompey, NY?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 21 Days | 13 Days | -36.2% |
Summary: Homes in Pompey had an average of 13 days on market in Aug 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pompey are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 10 homes were sold in Pompey; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
