Is Chili, 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, Chili has remained a Seller's Market.
Housing Prices in Chili, NY
How much do homes in Chili, NY cost?
Median Sold Price
$250,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chili was $250,000 in April 2024, up 10.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $135K | +3.8% |
2 Bedrooms | $173.5K | $211.5K | +21.9% |
3 Bedrooms | $225K | $244.7K | +8.8% |
4 Bedrooms | $237K | $275K | +16.0% |
5+ Bedrooms | $350K | $285K | -18.6% |
Summary: Chili housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 18.6%.
Housing Supply in Chili, NY
How many homes are available in Chili, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 45 | +32.4% |
Summary: The Chili real estate market had 45 homes for sale in April 2024, a 32.4% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 21 | 28 | +33.3% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Chili 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 increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, 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
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Chili in April 2024, up by 37.5% month-over-month. Of the 11 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chili, NY
How long does it take to sell a home in Chili, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -28.7% |
Summary: Homes in Chili had an average of 5 days on market in Apr 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Chili; 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.