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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sloan is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Sloan has remained a Seller's Market.

Key Takeaway

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

How much do homes in Sloan, NY cost?

Median Sold Price

$160,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$16,500(+11.5%)

Key Takeaway

Homes in Sloan have sold for 11.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $115K$135K
+17.4%
3 $155K$161K
+3.9%
4 $149.9K$173.2K
+15.6%
5+ $132.4K$180K
+35.9%

Median Sold Price Compared To Nearby Cities

Sloan
+11.5%
Cheektowaga
+10.5%
Buffalo
+10.4%

How many homes are available in Sloan, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
119-18.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 01
+100.0%
3 107
-30.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sloan, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
6 Days5 Days-18.5%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Sloan, NY

There are 9 homes are for sale in Sloan, NY real estate market. Between September 2022 and October 2022, Sloan, NY real estate market has seen decrease in the number of listings by 18.2%. The median list price of listings available in October 2022 was $160,000, while the average time on the real estate market was 5 days. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 17.4%, prices of 3 bedrooms properties increased by 3.9%, prices of 4 bedrooms properties increased by 15.6%, prices of 5 bedrooms properties increased by 35.9%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 100%, the quantity of 3 bedrooms homes went down by 30%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. In October 2022, from all listings sold in Sloan, NY there were more than 4 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.

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