Is West Carthage, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Carthage is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Carthage was a Seller's Market.

Key Takeaway

West Carthage is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Carthage, NY

How much do homes in West Carthage, NY cost?

Median Sold Price

$199,900

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,900(+18.3%)

Key Takeaway

Homes in West Carthage have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in West Carthage was $199,900 in October 2024, up 18.3% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $60K$94K
+56.7%
3 $142K$214.7K
+51.2%
4 $189.9K$186K
-2.0%
5+ $266K$215K
-19.2%

Summary: West Carthage housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.7%, 3 bedroom homes increased by 51.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Cities

Wilna
+28.7%
Carthage
+20.1%
West Carthage
+18.3%
Champion
+4.9%

Housing Supply in West Carthage, NY

How many homes are available in West Carthage, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The West Carthage real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 64
-33.3%
4 77
0.0%
5+ 45
+25.0%

Summary: The West Carthage housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Carthage, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Carthage in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for West Carthage, NY

How long does it take to sell a home in West Carthage, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days20 Days-69.2%

Summary: Homes in West Carthage had an average of 20 days on market in Oct 2024, down by 69.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in West Carthage; 67% of homes were sold within 30 days, 33% 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 11 Days Ago

Newest Listings in West Carthage, NY

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