Is Pompey, 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, Pompey was a Neutral Market.
Key Takeaway
Pompey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pompey, NY
How much do homes in Pompey, NY cost?
Median Sold Price
$456,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pompey have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Pompey was $456,000 in April 2024, up 8.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $140K | -50.9% |
| 2 Bedrooms | $151.7K | $254.9K | +68.0% |
| 3 Bedrooms | $282.5K | $292K | +3.4% |
| 4 Bedrooms | $495K | $492.5K | -0.5% |
| 5+ Bedrooms | $550K | $642.3K | +16.8% |
Summary: Pompey housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.9%, 2 bedroom homes increased by 68%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Jamesville | $340K | $402.5K | +18.4% |
| Pompey | $422K | $456K | +8.1% |
| LaFayette | $265K | $265.5K | 0.2% |
Housing Supply in Pompey, NY
How many homes are available in Pompey, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The Pompey real estate market had 20 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Pompey 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pompey, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Pompey in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Pompey, NY
How long does it take to sell a home in Pompey, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 33 Days | -44.5% |
Summary: Homes in Pompey had an average of 33 days on market in Apr 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pompey are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Pompey; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
