Is Ontario 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, Ontario County has remained a Seller's Market.
Key Takeaway
Ontario County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ontario County, NY
How much do homes in Ontario County, NY cost?
Median Sold Price
$278,224
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ontario County have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Ontario County was $278,224 in April 2024, up 0.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289.4K | $200K | -30.9% |
| 2 Bedrooms | $230K | $240K | +4.3% |
| 3 Bedrooms | $249.8K | $251.8K | +0.8% |
| 4 Bedrooms | $340K | $340K | 0.0% |
| 5+ Bedrooms | $452.4K | $415K | -8.3% |
Summary: Ontario County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Counties
| Monroe County | $212.1K | $232.3K | +9.6% |
| Livingston County | $191.5K | $207.8K | +8.5% |
| Yates County | $235K | $250K | +6.4% |
| Seneca County | $170K | $175K | +2.9% |
| Ontario County | $276K | $278.2K | +0.8% |
Housing Supply in Ontario County, NY
How many homes are available in Ontario County, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 243 | 246 | +1.2% |
Summary: The Ontario County real estate market had 246 homes for sale in April 2024, a 1.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 42 | 44 | +4.8% |
| 3 Bedrooms | 104 | 102 | -1.9% |
| 4 Bedrooms | 64 | 65 | +1.6% |
| 5+ Bedrooms | 27 | 32 | +18.5% |
Summary: The Ontario County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 48 | -21.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ontario County, you could pay more than the asking price. 60.4% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in Ontario County in April 2024, down by 21.3% month-over-month. Of the 48 sold homes, 38% were sold under asking, 2% were sold at asking, and 60% were sold over asking.
Days on Market for Ontario County, NY
How long does it take to sell a home in Ontario County, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 19 Days | -45.1% |
Summary: Homes in Ontario County had an average of 19 days on market in Apr 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ontario County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 48 homes were sold in Ontario County; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.