Is Van Buren, 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, Van Buren has remained a Seller's Market.
Key Takeaway
Van Buren is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Van Buren, NY
How much do homes in Van Buren, NY cost?
Median Sold Price
$185,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Van Buren have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Van Buren was $185,000 in March 2024, up 5.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.1K | $124.9K | +29.9% |
| 2 Bedrooms | $133K | $149.9K | +12.7% |
| 3 Bedrooms | $171.1K | $187K | +9.3% |
| 4 Bedrooms | $256K | $302.5K | +18.1% |
| 5+ Bedrooms | $454.9K | $587.5K | +29.1% |
Summary: Van Buren housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.9%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Baldwinsville | $245K | $270K | +10.2% |
| Lysander | $295K | $320.5K | +8.6% |
| Van Buren | $175K | $185K | +5.7% |
Housing Supply in Van Buren, NY
How many homes are available in Van Buren, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 35 | +6.1% |
Summary: The Van Buren real estate market had 35 homes for sale in March 2024, a 6.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Van Buren 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 40%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Van Buren, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Van Buren in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Van Buren, NY
How long does it take to sell a home in Van Buren, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 26 Days | -62.7% |
Summary: Homes in Van Buren had an average of 26 days on market in Mar 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Van Buren are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Van Buren; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
