Is Webster, 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, Webster has remained a Seller's Market.
Key Takeaway
Webster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Webster, NY
How much do homes in Webster, NY cost?
Median Sold Price
$342,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Webster have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Webster was $342,500 in June 2024, up 8.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $225.5K | $268.2K | +19.0% |
| 3 Bedrooms | $295.9K | $321.5K | +8.7% |
| 4 Bedrooms | $385K | $400K | +3.9% |
| 5+ Bedrooms | $427.5K | $461.5K | +8.0% |
Summary: Webster 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 19%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 8%.
Housing Supply in Webster, NY
How many homes are available in Webster, NY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 142 | 117 | -17.6% |
Summary: The Webster real estate market had 117 homes for sale in June 2024, a 17.6% 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 | 29 | 29 | 0.0% |
| 3 Bedrooms | 57 | 52 | -8.8% |
| 4 Bedrooms | 47 | 31 | -34.0% |
| 5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The Webster 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 remained the same, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 43 | 28 | -34.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Webster, you could pay more than the asking price. 82.1% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Webster in June 2024, down by 34.9% month-over-month. Of the 28 sold homes, 14% were sold under asking, 4% were sold at asking, and 82% were sold over asking.
Days on Market for Webster, NY
How long does it take to sell a home in Webster, NY?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 9 Days | 16 Days | +73.8% |
Summary: Homes in Webster had an average of 16 days on market in Jun 2024, up by 73.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Webster are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 28 homes were sold in Webster; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
