Is Webster, 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, 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
$340,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Webster have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Webster was $340,000 in March 2024, up 11.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $220K | $253K | +15.0% |
| 3 Bedrooms | $280K | $302.7K | +8.1% |
| 4 Bedrooms | $350.3K | $412.5K | +17.8% |
| 5+ Bedrooms | $415.5K | $448K | +7.8% |
Summary: Webster housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in Webster, NY
How many homes are available in Webster, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 86 | +11.7% |
Summary: The Webster real estate market had 86 homes for sale in March 2024, a 11.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Webster 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Webster, you could pay more than the asking price. 84.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Webster in March 2024, down by 17.4% month-over-month. Of the 19 sold homes, 11% were sold under asking, 5% were sold at asking, and 84% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 11 Days | 10 Days | -8.7% |
Summary: Homes in Webster had an average of 10 days on market in Mar 2024, down by 8.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 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 March 2024, 19 homes were sold in Webster; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
