Is Weedsport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Weedsport has remained a Seller's Market.
Key Takeaway
Weedsport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weedsport, NY
How much do homes in Weedsport, NY cost?
Median Sold Price
$230,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Weedsport have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Weedsport was $230,000 in May 2024, up 9.5% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.9K | $61K | -65.3% |
| 2 Bedrooms | $225K | $175K | -22.2% |
| 3 Bedrooms | $206K | $235K | +14.1% |
| 4 Bedrooms | $240K | $321.2K | +33.8% |
| 5+ Bedrooms | $260K | $227.5K | -12.5% |
Summary: Weedsport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.3%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes decreased by 12.5%.
Housing Supply in Weedsport, NY
How many homes are available in Weedsport, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Summary: The Weedsport real estate market had 10 homes for sale in May 2024, a 100.0% 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 | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Weedsport 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 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weedsport, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Weedsport in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Weedsport, NY
How long does it take to sell a home in Weedsport, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | -0.7% |
Summary: Homes in Weedsport had an average of 34 days on market in May 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Weedsport has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Weedsport; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
