Is Avon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Avon was a Neutral Market.
Key Takeaway
Avon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Avon, NY
How much do homes in Avon, NY cost?
Median Sold Price
$265,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Avon have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Avon was $265,000 in May 2024, up 10.4% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $138K | $128.7K | -6.7% |
| 3 Bedrooms | $235K | $233.7K | -0.5% |
| 4 Bedrooms | $259.9K | $326.5K | +25.6% |
| 5+ Bedrooms | $225.8K | $286.2K | +26.7% |
Summary: Avon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 26.7%.
Housing Supply in Avon, NY
How many homes are available in Avon, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Summary: The Avon real estate market had 13 homes for sale in May 2024, a 62.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Avon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avon, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Avon in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Avon, NY
How long does it take to sell a home in Avon, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -4.2% |
Summary: Homes in Avon had an average of 5 days on market in May 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
4 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 Avon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Avon; 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.
