$65,000
3.46 Acres
Land
Dawn Timm, Listing Office: TIMM ASSOCIATES SOTHEBY'S
Is Webb, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Webb has remained a Buyer's Market.
Key Takeaway
Webb is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Webb, NY
How much do homes in Webb, NY cost?
Median Sold Price
$515,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$100,500(+24.2%)
Key Takeaway
Homes in Webb have sold for 24.2% more than they did a year ago.
Summary: The median home sold price in Webb was $515,000 in September 2024, up 24.2% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279K | $237.5K | -14.9% |
| 2 Bedrooms | $351K | $502.5K | +43.2% |
| 3 Bedrooms | $377.5K | $507.5K | +34.4% |
| 4 Bedrooms | $995K | $830.9K | -16.5% |
| 5+ Bedrooms | $697.5K | $950K | +36.2% |
Summary: Webb housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes increased by 43.2%, 3 bedroom homes increased by 34.4%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Glenfield | $140K | $205K | +46.4% |
| Webb | $414.5K | $515K | +24.2% |
| Old Forge | $464.5K | $545K | +17.3% |
Housing Supply in Webb, NY
How many homes are available in Webb, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Webb real estate market had 33 homes for sale in September 2024, a 6.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Webb 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 increased by 25%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Webb, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Webb in September 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Webb, NY
How long does it take to sell a home in Webb, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 30 Days | 44 Days | +46.7% |
Summary: Homes in Webb had an average of 44 days on market in Sep 2024, up by 46.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Webb are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Webb; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
