Is Cuba, 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, Cuba has remained a Buyer's Market.
Housing Prices in Cuba, NY
How much do homes in Cuba, NY cost?
Median Sold Price
$130,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cuba was $130,000 in April 2024, up 4% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64.9K | $60K | -7.6% |
2 Bedrooms | $124.9K | $77.5K | -38.0% |
3 Bedrooms | $125K | $154.5K | +23.6% |
4 Bedrooms | $130K | $152.7K | +17.5% |
5+ Bedrooms | $450K | $112.5K | -75.0% |
Summary: Cuba housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes decreased by 38%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 75%.
Housing Supply in Cuba, NY
How many homes are available in Cuba, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 16 | -23.8% |
Summary: The Cuba real estate market had 16 homes for sale in April 2024, a 23.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 2 | -71.4% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Cuba 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 increased by 50%, 3 bedroom homes decreased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cuba in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cuba, NY
How long does it take to sell a home in Cuba, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 127 Days | +477.3% |
Summary: Homes in Cuba had an average of 127 days on market in Apr 2024, up by 477.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Cuba; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.