Is Van Buren, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren is a seller's market

Buyer's
Market

Difference Since September 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

$220,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$39,743(+22.0%)

Key Takeaway

Homes in Van Buren have sold for 22% more than they did a year ago.

Summary: The median home sold price in Van Buren was $220,000 in September 2024, up 22% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $142.5K$121.7K
-14.6%
2 $142.5K$166K
+16.5%
3 $175K$227.5K
+30.0%
4 $275K$289K
+5.1%
5+ $404K$483K
+19.6%

Summary: Van Buren housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 19.6%.

Median Sold Price Compared To Nearby Cities

Van Buren
+22.0%
Baldwinsville
+9.4%
Lysander
+7.7%

Housing Supply in Van Buren, NY

How many homes are available in Van Buren, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6448-25.0%

Summary: The Van Buren real estate market had 48 homes for sale in September 2024, a 25.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 42
-50.0%
2 1211
-8.3%
3 3426
-23.5%
4 85
-37.5%
5+ 64
-33.3%

Summary: The Van Buren housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Van Buren in September 2024, down by 47.1% month-over-month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% 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

Sep 2023Sep 2024CHANGE
4 Days5 Days+22.6%

Summary: Homes in Van Buren had an average of 5 days on market in Sep 2024, up by 22.6% compared to last year.

Breakdown of Home Sale Times

9 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 Van Buren are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in Van Buren; 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 Sep 1, 2024

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