Is Wyoming County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wyoming County has remained a Seller's Market.
Key Takeaway
Wyoming County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wyoming County, NY
How much do homes in Wyoming County, NY cost?
Median Sold Price
$165,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wyoming County have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Wyoming County was $165,000 in March 2024, up 9.5% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52.5K | $68.3K | +30.2% |
| 2 Bedrooms | $128K | $130K | +1.6% |
| 3 Bedrooms | $153.7K | $180K | +17.1% |
| 4 Bedrooms | $164.9K | $169.5K | +2.8% |
| 5+ Bedrooms | $195K | $240K | +23.1% |
Summary: Wyoming County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.2%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 23.1%.
Median Sold Price Compared To Nearby Counties
| Wyoming County | $150.6K | $165K | +9.5% |
| Allegany County | $115K | $123.4K | +7.3% |
| Livingston County | $191.5K | $205K | +7.0% |
| Erie County | $244.6K | $250K | +2.2% |
| Genesee County | $175.3K | $178.5K | +1.8% |
Housing Supply in Wyoming County, NY
How many homes are available in Wyoming County, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 69 | -6.8% |
Summary: The Wyoming County real estate market had 69 homes for sale in March 2024, a 6.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 34 | 30 | -11.8% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Wyoming County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyoming County, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Wyoming County in March 2024, up by 50.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.
Days on Market for Wyoming County, NY
How long does it take to sell a home in Wyoming County, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 39 Days | -37.8% |
Summary: Homes in Wyoming County had an average of 39 days on market in Mar 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wyoming County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 18 homes were sold in Wyoming County; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.