Is Spencerport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$280,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Spencerport was $280,000 in June 2024, up 18.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $192.5K | $225K | +16.9% |
3 Bedrooms | $227.9K | $270.5K | +18.7% |
4 Bedrooms | $270K | $328.2K | +21.6% |
5+ Bedrooms | $307K | $325K | +5.9% |
Summary: Spencerport housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Spencerport | $237K | $280K | +18.1% |
Ogden | $241.5K | $275K | +13.9% |
Housing Supply in Spencerport, NY
How many homes are available in Spencerport, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
43 | 35 | -18.6% |
Summary: The Spencerport real estate market had 35 homes for sale in June 2024, a 18.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 21 | 15 | -28.6% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Spencerport housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 17 | +88.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Spencerport in June 2024, up by 88.9% month-over-month. Of the 17 sold homes, 12% were sold under asking, 12% were sold at asking, and 76% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
12 Days | 12 Days | +4.0% |
Summary: Homes in Spencerport had an average of 12 days on market in Jun 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 17 homes were sold in Spencerport; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.