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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scriba is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Scriba was a Buyer's Market.

Key Takeaway

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

Housing Prices in Scriba, NY

How much do homes in Scriba, NY cost?

Median Sold Price

$148,000

$83/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$152,000(-50.7%)

Key Takeaway

Homes in Scriba have sold for 50.7% less than they did a month ago.

Summary: The median home sold price in Scriba was $148,000 in March 2024, down 50.7% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $165K$148K
-10.3%
4 $435K-
N/A
5+ --
N/A

Summary: Scriba housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Scriba, NY

How many homes are available in Scriba, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1510-33.3%

Summary: The Scriba real estate market had 10 homes for sale in March 2024, a 33.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 116
-45.5%
4 32
-33.3%
5+ 02
+100.0%

Summary: The Scriba 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 45.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scriba, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Scriba in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Scriba, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
4 Days25 Days+525.0%

Summary: Homes in Scriba had an average of 25 days on market in Mar 2024, up by 525% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During March 2024, 2 homes were sold in Scriba; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

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