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

Housing Market Conditions



Gauge showing Spencerport is a seller's market


Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Spencerport, NY

How much do homes in Spencerport, NY cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Spencerport have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Spencerport was $275,000 in March 2024, up 16.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
2 $177.6K$222.5K
3 $226.4K$275K
4 $280K$323.2K
5+ $370K$270K

Summary: Spencerport 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 25.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 27%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Spencerport, NY

How many homes are available in Spencerport, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Spencerport real estate market had 21 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
2 01
3 1114
4 64
5+ 12

Summary: The Spencerport 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 increased by 100%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Spencerport in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Spencerport, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
13 Days8 Days-42.4%

Summary: Homes in Spencerport had an average of 8 days on market in Mar 2024, down by 42.4% compared to last year.

Breakdown of Home Sale Times

6 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 Spencerport are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Spencerport; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in Spencerport, NY

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