Is Spencerport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Spencerport has remained a Seller's Market.
Housing Prices in Spencerport, NY
How much do homes in Spencerport, NY cost?
Median Sold Price
$275,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177.6K | $222.5K | +25.3% |
3 Bedrooms | $226.4K | $275K | +21.4% |
4 Bedrooms | $280K | $323.2K | +15.4% |
5+ Bedrooms | $370K | $270K | -27.0% |
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
Ogden | $230K | $275K | +19.6% |
Spencerport | $235.2K | $275K | +16.9% |
Housing Supply in Spencerport, NY
How many homes are available in Spencerport, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
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 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
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 2023 | Mar 2024 | CHANGE |
---|---|---|
13 Days | 8 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
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.