Is North Tonawanda, 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, North Tonawanda has remained a Seller's Market.
Housing Prices in North Tonawanda, NY
How much do homes in North Tonawanda, NY cost?
Median Sold Price
$231,750
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Tonawanda was $231,750 in April 2024, up 4.4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $133K | -30.0% |
2 Bedrooms | $172K | $173.7K | +1.0% |
3 Bedrooms | $210K | $234.1K | +11.5% |
4 Bedrooms | $280K | $310.5K | +10.9% |
5+ Bedrooms | $261.1K | $207K | -20.7% |
Summary: North Tonawanda housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 20.7%.
Median Sold Price Compared To Nearby Cities
Tonawanda | $210.2K | $235K | +11.8% |
Wheatfield | $320K | $353K | +10.3% |
Amherst | $304.7K | $330.5K | +8.5% |
North Tonawanda | $221.9K | $231.7K | +4.4% |
Housing Supply in North Tonawanda, NY
How many homes are available in North Tonawanda, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
78 | 73 | -6.4% |
Summary: The North Tonawanda real estate market had 73 homes for sale in April 2024, a 6.4% decrease 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 | 14 | 11 | -21.4% |
3 Bedrooms | 37 | 37 | 0.0% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The North Tonawanda 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 21.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in North Tonawanda in April 2024, down by 10.5% month-over-month. Of the 17 sold homes, 12% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for North Tonawanda, NY
How long does it take to sell a home in North Tonawanda, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 9 Days | -57.7% |
Summary: Homes in North Tonawanda had an average of 9 days on market in Apr 2024, down by 57.7% compared to last year.
Breakdown of Home Sale Times
17 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, 17 homes were sold in North Tonawanda; 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.