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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Western is a neutral's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Western, NY cost?

Median Sold Price

$214,950

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$35,050(+19.5%)

Key Takeaway

Homes in Western have sold for 19.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $80K$238.5K
+198.1%
3 $189.7K$182.2K
-3.9%
4 -$234.9K
N/A
5+ $465K$257.5K
-44.6%

How many homes are available in Western, NY?

Number of Homes For Sale

Nov 2021Dec 2021%
56+20.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 11
0.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Western, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Western, NY

Western, NY has 6 homes for sale to choose from. The number of listings in Western, NY increased by 20% between November 2021 and December 2021. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 198.1%, prices of 3 bedrooms properties decreased by 3.9%, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties became 44.6% more cheaper. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 33.3% more available, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in December 2021 in Western, NY. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.

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