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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Winfield is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, West Winfield has remained a Buyer's Market.

Key Takeaway

West Winfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Winfield, NY

How much do homes in West Winfield, NY cost?

Median Sold Price

$247,500

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$66,750(+36.9%)

Key Takeaway

Homes in West Winfield have sold for 36.9% more than they did a year ago.

Summary: The median home sold price in West Winfield was $247,500 in March 2024, up 36.9% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$129.9K
N/A
3 $176K$247.5K
+40.6%
4 $182.5K$329.9K
+80.8%
5+ $250K$176K
-29.6%

Summary: West Winfield 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 did not change, 3 bedroom homes increased by 40.6%, 4 bedroom homes increased by 80.8%, and 5+ bedroom homes decreased by 29.6%.

Median Sold Price Compared To Nearby Cities

West Winfield
+36.9%
West Winfield
+36.9%

Housing Supply in West Winfield, NY

How many homes are available in West Winfield, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The West Winfield real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 53
-40.0%
4 11
0.0%
5+ 33
0.0%

Summary: The West Winfield 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Winfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in West Winfield in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Winfield, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
81 Days75 Days-7.4%

Summary: Homes in West Winfield had an average of 75 days on market in Mar 2024, down by 7.4% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in West Winfield has remained consistent over time.

Summary: During March 2024, 1 homes were sold in West Winfield; 0% of homes were sold within 30 days, 100% 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 24 Days Ago

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