Is 14208, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 14208 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 14208 has remained a Neutral Market.

Key Takeaway

14208 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 14208, NY

How much do homes in 14208, NY cost?

Median Sold Price

$105,000

$46/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$38,550(+58.0%)

Key Takeaway

Homes in 14208 have sold for 58% more than they did a month ago.

Summary: The median home sold price in 14208 was $105,000 in April 2024, up 58% from last month, and the median price per square foot was $46.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $74.9K$78.7K
+5.1%
4 $65K$105K
+61.5%
5+ $58K$145K
+150.0%

Summary: 14208 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 61.5%, and 5+ bedroom homes increased by 150%.

Housing Supply in 14208, NY

How many homes are available in 14208, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2830+7.1%

Summary: The 14208 real estate market had 30 homes for sale in April 2024, a 7.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 68
+33.3%
5+ 1413
-7.1%

Summary: The 14208 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 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 14208, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 14208 in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 14208, NY

How long does it take to sell a home in 14208, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
36 Days30 Days-18.4%

Summary: Homes in 14208 had an average of 30 days on market in Apr 2024, down by 18.4% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 14208 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 14208; 60% of homes were sold within 30 days, 40% 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 Apr 1, 2024

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