Is Cazenovia, 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, Cazenovia was a Seller's Market.
Housing Prices in Cazenovia, NY
How much do homes in Cazenovia, NY cost?
Median Sold Price
$330,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cazenovia was $330,000 in April 2024, down 0.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $199.9K | N/A |
2 Bedrooms | $217.5K | $355K | +63.2% |
3 Bedrooms | $275K | $273K | -0.7% |
4 Bedrooms | $410K | $375K | -8.5% |
5+ Bedrooms | $632.5K | $402.5K | -36.4% |
Summary: Cazenovia 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 63.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 36.4%.
Housing Supply in Cazenovia, NY
How many homes are available in Cazenovia, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Summary: The Cazenovia real estate market had 26 homes for sale in April 2024, a 8.3% increase 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 | 0 | 0 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Cazenovia 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 decreased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Cazenovia in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Cazenovia, NY
How long does it take to sell a home in Cazenovia, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
102 Days | 48 Days | -53.1% |
Summary: Homes in Cazenovia had an average of 48 days on market in Apr 2024, down by 53.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Cazenovia; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.