Is Chautauqua, 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, Chautauqua has remained a Buyer's Market.
Housing Prices in Chautauqua, NY
How much do homes in Chautauqua, NY cost?
Median Sold Price
$321,250
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chautauqua was $321,250 in May 2024, up 31.1% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174.2K | $177.5K | +1.9% |
2 Bedrooms | $235K | $267.5K | +13.8% |
3 Bedrooms | $300K | $320.8K | +6.9% |
4 Bedrooms | $498.9K | $482.5K | -3.3% |
5+ Bedrooms | $625K | $850.5K | +36.1% |
Summary: Chautauqua housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 36.1%.
Median Sold Price Compared To Nearby Cities
Chautauqua | $244.9K | $321.2K | +31.1% |
Ellery | $322.4K | $349.9K | +8.5% |
Mayville | $235K | $205K | -12.8% |
Housing Supply in Chautauqua, NY
How many homes are available in Chautauqua, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 41 | +28.1% |
Summary: The Chautauqua real estate market had 41 homes for sale in May 2024, a 28.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 9 | +200.0% |
Summary: The Chautauqua 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Chautauqua in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chautauqua, NY
How long does it take to sell a home in Chautauqua, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
54 Days | 34 Days | -37.8% |
Summary: Homes in Chautauqua had an average of 34 days on market in May 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Chautauqua; 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.