Is Batavia, 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, Batavia has remained a Seller's Market.
Housing Prices in Batavia, NY
How much do homes in Batavia, NY cost?
Median Sold Price
$161,250
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Batavia was $161,250 in April 2024, up 0.9% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $137.9K | $159K | +15.3% |
3 Bedrooms | $161.8K | $171.7K | +6.1% |
4 Bedrooms | $181.2K | $157.8K | -12.9% |
5+ Bedrooms | $133.3K | $135K | +1.2% |
Summary: Batavia 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 15.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in Batavia, NY
How many homes are available in Batavia, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 52 | -16.1% |
Summary: The Batavia real estate market had 52 homes for sale in April 2024, a 16.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 30 | 22 | -26.7% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Batavia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Batavia in April 2024, the same as the previous month. Of the 17 sold homes, 24% were sold under asking, 35% were sold at asking, and 41% were sold over asking.
Days on Market for Batavia, NY
How long does it take to sell a home in Batavia, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 22 Days | -38.2% |
Summary: Homes in Batavia had an average of 22 days on market in Apr 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Batavia; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.