Is Le Ray, 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, Le Ray has remained a Seller's Market.
Housing Prices in Le Ray, NY
How much do homes in Le Ray, NY cost?
Median Sold Price
$251,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Le Ray was $251,000 in April 2024, down 5.2% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $168.4K | $157.5K | -6.5% |
3 Bedrooms | $234K | $237K | +1.3% |
4 Bedrooms | $287K | $258.9K | -9.8% |
5+ Bedrooms | $334.5K | $240K | -28.3% |
Summary: Le Ray 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 decreased by 6.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 28.3%.
Median Sold Price Compared To Nearby Cities
Black River | $242K | $255K | +5.4% |
Le Ray | $264.9K | $251K | -5.2% |
Housing Supply in Le Ray, NY
How many homes are available in Le Ray, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Summary: The Le Ray real estate market had 28 homes for sale in April 2024, a 27.3% 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 | 11 | 0.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Le Ray 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Le Ray in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Le Ray, NY
How long does it take to sell a home in Le Ray, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 26 Days | +17.9% |
Summary: Homes in Le Ray had an average of 26 days on market in Apr 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
4 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, 5 homes were sold in Le Ray; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.