Is Sloan, 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, Sloan was a Neutral Market.
Housing Prices in Sloan, NY
How much do homes in Sloan, NY cost?
Median Sold Price
$172,400
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sloan was $172,400 in March 2024, up 1.4% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $142K | $137.5K | -3.2% |
3 Bedrooms | $170K | $174.9K | +2.9% |
4 Bedrooms | $200K | $187K | -6.5% |
5+ Bedrooms | $135K | $165K | +22.2% |
Summary: Sloan 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 decreased by 3.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 22.2%.
Median Sold Price Compared To Nearby Cities
Cheektowaga | $200.6K | $218.1K | +8.7% |
Sloan | $170K | $172.4K | +1.4% |
Housing Supply in Sloan, NY
How many homes are available in Sloan, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 12 | -40.0% |
Summary: The Sloan real estate market had 12 homes for sale in March 2024, a 40.0% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 12 | 7 | -41.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sloan 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 50%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Sloan in March 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Sloan, NY
How long does it take to sell a home in Sloan, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
9 Days | 22 Days | +153.3% |
Summary: Homes in Sloan had an average of 22 days on market in Mar 2024, up by 153.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Sloan; 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.