Is Ontario County, 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, Ontario County has remained a Seller's Market.
Housing Prices in Ontario County, NY
How much do homes in Ontario County, NY cost?
Median Sold Price
$278,224
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ontario County was $278,224 in April 2024, up 0.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289.4K | $200K | -30.9% |
2 Bedrooms | $230K | $240K | +4.3% |
3 Bedrooms | $249.8K | $251.8K | +0.8% |
4 Bedrooms | $340K | $340K | 0.0% |
5+ Bedrooms | $452.4K | $415K | -8.3% |
Summary: Ontario County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Counties
Monroe County | $212.1K | $232.3K | +9.6% |
Livingston County | $191.5K | $207.8K | +8.5% |
Yates County | $235K | $250K | +6.4% |
Seneca County | $170K | $175K | +2.9% |
Ontario County | $276K | $278.2K | +0.8% |
Housing Supply in Ontario County, NY
How many homes are available in Ontario County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
243 | 246 | +1.2% |
Summary: The Ontario County real estate market had 246 homes for sale in April 2024, a 1.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 3 | -50.0% |
2 Bedrooms | 42 | 44 | +4.8% |
3 Bedrooms | 104 | 102 | -1.9% |
4 Bedrooms | 64 | 65 | +1.6% |
5+ Bedrooms | 27 | 32 | +18.5% |
Summary: The Ontario County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 48 | -21.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Ontario County in April 2024, down by 21.3% month-over-month. Of the 48 sold homes, 38% were sold under asking, 2% were sold at asking, and 60% were sold over asking.
Days on Market for Ontario County, NY
How long does it take to sell a home in Ontario County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 19 Days | -45.1% |
Summary: Homes in Ontario County had an average of 19 days on market in Apr 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 48 homes were sold in Ontario County; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.