Is Chautauqua County, 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, Chautauqua County has remained a Seller's Market.
Housing Prices in Chautauqua County, NY
How much do homes in Chautauqua County, NY cost?
Median Sold Price
$138,625
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chautauqua County was $138,625 in April 2024, down 3.9% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $144.5K | $143K | -1.0% |
2 Bedrooms | $137.4K | $119.2K | -13.3% |
3 Bedrooms | $135K | $144.3K | +6.9% |
4 Bedrooms | $173.2K | $138.5K | -20.1% |
5+ Bedrooms | $242K | $131K | -45.9% |
Summary: Chautauqua County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 20.1%, and 5+ bedroom homes decreased by 45.9%.
Median Sold Price Compared To Nearby Counties
Erie County | $244.2K | $250.9K | +2.8% |
Cattaraugus County | $144.5K | $147.1K | +1.7% |
Chautauqua County | $144.2K | $138.6K | -3.9% |
Housing Supply in Chautauqua County, NY
How many homes are available in Chautauqua County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
438 | 421 | -3.9% |
Summary: The Chautauqua County real estate market had 421 homes for sale in April 2024, a 3.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 64 | 66 | +3.1% |
3 Bedrooms | 170 | 161 | -5.3% |
4 Bedrooms | 123 | 110 | -10.6% |
5+ Bedrooms | 68 | 72 | +5.9% |
Summary: The Chautauqua County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 71 | -6.6% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 71 homes were sold or pending in Chautauqua County in April 2024, down by 6.6% month-over-month. Of the 71 sold homes, 68% were sold under asking, 8% were sold at asking, and 24% were sold over asking.
Days on Market for Chautauqua County, NY
How long does it take to sell a home in Chautauqua County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 43 Days | -0.3% |
Summary: Homes in Chautauqua County had an average of 43 days on market in Apr 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 71 homes were sold in Chautauqua County; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.