Is Keuka Park, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keuka Park is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Keuka Park has remained a Seller's Market.

Key Takeaway

Keuka Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keuka Park, NY

How much do homes in Keuka Park, NY cost?

Median Sold Price

$248,000

$381/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$57,000(-18.7%)

Key Takeaway

Homes in Keuka Park have sold for 18.7% less than they did a month ago.

Summary: The median home sold price in Keuka Park was $248,000 in April 2024, down 18.7% from last month, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $255K$248K
-2.7%
3 --
N/A
4 $355K-
N/A
5+ --
N/A

Summary: Keuka Park housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Keuka Park, NY

How many homes are available in Keuka Park, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
53-40.0%

Summary: The Keuka Park real estate market had 3 homes for sale in April 2024, a 40.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 00
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Keuka Park 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keuka Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Keuka Park in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Keuka Park, NY

How long does it take to sell a home in Keuka Park, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
22 Days12 Days-46.7%

Summary: Homes in Keuka Park had an average of 12 days on market in Apr 2024, down by 46.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Keuka Park are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Keuka Park; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Keuka Park, NY

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