Is Wheatfield, 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, Wheatfield was a Seller's Market.
Housing Prices in Wheatfield, NY
How much do homes in Wheatfield, NY cost?
Median Sold Price
$353,035
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wheatfield was $353,035 in April 2024, up 10.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $193K | $338.6K | +75.4% |
3 Bedrooms | $300K | $327.4K | +9.2% |
4 Bedrooms | $400K | $426K | +6.5% |
5+ Bedrooms | $365K | $190K | -47.9% |
Summary: Wheatfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 75.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 47.9%.
Median Sold Price Compared To Nearby Cities
Pendleton | $300K | $340.7K | +13.6% |
Sanborn | $268K | $300K | +11.9% |
Wheatfield | $320K | $353K | +10.3% |
North Tonawanda | $221.9K | $231.7K | +4.4% |
Cambria | $290K | $300K | +3.4% |
Housing Supply in Wheatfield, NY
How many homes are available in Wheatfield, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 25 | -10.7% |
Summary: The Wheatfield real estate market had 25 homes for sale in April 2024, a 10.7% 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 | 2 | 0 | -100.0% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Wheatfield 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 100%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Wheatfield in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Wheatfield, NY
How long does it take to sell a home in Wheatfield, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 12 Days | -48.3% |
Summary: Homes in Wheatfield had an average of 12 days on market in Apr 2024, down by 48.3% compared to last year.
Breakdown of Home Sale Times
4 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, 4 homes were sold in Wheatfield; 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.