Is Brocton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Brocton was a Neutral Market.
Key Takeaway
Brocton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brocton, NY
How much do homes in Brocton, NY cost?
Median Sold Price
$192,950
$98/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Brocton have sold for 5.9% less than they did a month ago.
Summary: The median home sold price in Brocton was $192,950 in May 2024, down 5.9% from last month, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $49.9K | N/A |
| 4 Bedrooms | $205K | $336K | +63.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Brocton housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Portland | $192.5K | $192.9K | 0.2% |
| Brocton | $205K | $192.9K | -5.9% |
Housing Supply in Brocton, NY
How many homes are available in Brocton, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Brocton real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Brocton 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brocton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Brocton in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Brocton, NY
How long does it take to sell a home in Brocton, NY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 71 Days | 113 Days | +59.2% |
Summary: Homes in Brocton had an average of 113 days on market in May 2024, up by 59.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brocton has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Brocton; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
