Is Webster, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster is a seller's market

Buyer's
Market

Difference Since April 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

$345,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+13.1%)

Key Takeaway

Homes in Webster have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Webster was $345,000 in April 2024, up 13.1% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$165K
N/A
2 $219.6K$270K
+22.9%
3 $278K$307K
+10.4%
4 $351.3K$415K
+18.1%
5+ $421K$480K
+14.0%

Summary: Webster housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 14%.

Housing Supply in Webster, NY

How many homes are available in Webster, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87870.0%

Summary: The Webster real estate market had 87 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1517
+13.3%
3 4042
+5.0%
4 2417
-29.2%
5+ 811
+37.5%

Summary: The Webster housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster, you could pay more than the asking price. 76.2% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Webster in April 2024, down by 4.5% month-over-month. Of the 21 sold homes, 14% were sold under asking, 10% were sold at asking, and 76% 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

Apr 2023Apr 2024CHANGE
9 Days30 Days+220.9%

Summary: Homes in Webster had an average of 30 days on market in Apr 2024, up by 220.9% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Webster are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in Webster; 90% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% 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 10 Days Ago

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