Is Wheatland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wheatland has remained a Seller's Market.
Key Takeaway
Wheatland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wheatland, NY
How much do homes in Wheatland, NY cost?
Median Sold Price
$245,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wheatland have sold for 42.4% more than they did a year ago.
Summary: The median home sold price in Wheatland was $245,000 in April 2024, up 42.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $126.7K | +15.2% |
| 3 Bedrooms | $172K | $245K | +42.4% |
| 4 Bedrooms | $175K | $194K | +10.9% |
| 5+ Bedrooms | $302.5K | $1.0M | +259.3% |
Summary: Wheatland 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 15.2%, 3 bedroom homes increased by 42.4%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 259.3%.
Median Sold Price Compared To Nearby Cities
| Wheatland | $172K | $245K | +42.4% |
| Scottsville | $174.9K | $231.5K | +32.3% |
| Riga | $205.5K | $256K | +24.6% |
| Rush | $280K | $316K | +12.9% |
Housing Supply in Wheatland, NY
How many homes are available in Wheatland, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The Wheatland real estate market had 11 homes for sale in April 2024, a 37.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Wheatland 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wheatland, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Wheatland in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Wheatland, NY
How long does it take to sell a home in Wheatland, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 5 Days | -69.1% |
Summary: Homes in Wheatland had an average of 5 days on market in Apr 2024, down by 69.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wheatland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Wheatland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
