March 2024

Sheridan Housing Market Report Chautauqua County, New York

Report Updated 23 Days Ago

Housing Prices in Sheridan, NY

How much do homes in Sheridan, NY cost?

Median List Price

$182,500

$141/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$17,400(-8.7%)

Key Takeaway

The list price of homes in Sheridan has decreased by 8.7% since last year.

Summary: The median home list price in Sheridan was $182,500 in March 2024, down 8.7% from the previous year, and the median price per square foot was $141.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$126.5K	$160K	+26.5%
3 Bedrooms	$219.9K	$182.5K	-17.0%
4 Bedrooms	$299.9K	$267.4K	-10.8%
5+ Bedrooms	$179.9K	$179.9K	0.0%

Summary: Sheridan 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 26.5%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Silver Creek	$152.9K	$159.9K	+4.6%
Pomfret	$169.9K	$169.9K	0.0%
Hanover	$159.9K	$156.4K	-2.2%
Sheridan	$199.9K	$182.5K	-8.7%

Housing Supply in Sheridan, NY

How many homes are available in Sheridan, NY?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
4	5	+25.0%

Summary: The Sheridan real estate market had 5 homes for sale in March 2024, a 25.0% increase 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	2	2	0.0%
3 Bedrooms	2	3	+50.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Sheridan 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Sheridan, NY

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

Average Listing Age

Mar 2023	Mar 2024	CHANGE
120 Days	77 Days	-35.4%

Summary: Homes in Sheridan had an average listing age of 77 days in Mar 2024, down by 35.4% compared to the previous year.

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

Report Updated 23 Days Ago

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Newest Listings in Sheridan, NY

Nearby Markets to Sheridan, NY

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MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS for the period 04/01/2022 - 04/01/2024

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/24/2024, 3:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.