Is Pompey, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pompey was a Buyer's Market.
Key Takeaway
Pompey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pompey, NY
How much do homes in Pompey, NY cost?
Median Sold Price
$447,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pompey have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Pompey was $447,000 in March 2024, up 6.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | - | N/A |
| 2 Bedrooms | $151.7K | $254.9K | +68.0% |
| 3 Bedrooms | $305K | $280K | -8.2% |
| 4 Bedrooms | $495K | $461K | -6.9% |
| 5+ Bedrooms | $540K | $640K | +18.5% |
Summary: Pompey housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Jamesville | $356K | $395K | +11.0% |
| Pompey | $420K | $447K | +6.4% |
Housing Supply in Pompey, NY
How many homes are available in Pompey, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Pompey real estate market had 18 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Pompey housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pompey, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Pompey in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 94 Days | +1615.2% |
Summary: Homes in Pompey had an average of 94 days on market in Mar 2024, up by 1615.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pompey are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Pompey; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
