Is 14216, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 14216 was a Buyer's Market.
Housing Prices in 14216, NY
How much do homes in 14216, NY cost?
Median Sold Price
$304,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 14216 was $304,000 in April 2024, up 9.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $169K | $185.9K | +10.0% |
3 Bedrooms | $260K | $279.9K | +7.7% |
4 Bedrooms | $437.5K | $295K | -32.6% |
5+ Bedrooms | $507.5K | $358.5K | -29.4% |
Summary: 14216 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 10%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 32.6%, and 5+ bedroom homes decreased by 29.4%.
Housing Supply in 14216, NY
How many homes are available in 14216, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 41 | 0.0% |
Summary: The 14216 real estate market had 41 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 14216 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 decreased by 100%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 14216 in April 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 14216, NY
How long does it take to sell a home in 14216, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 20 Days | -65.8% |
Summary: Homes in 14216 had an average of 20 days on market in Apr 2024, down by 65.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 14216; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.