Is Le Ray, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$257,500
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Le Ray was $257,500 in May 2024, the same as last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $156.4K | $160K | +2.3% |
3 Bedrooms | $234K | $241.5K | +3.2% |
4 Bedrooms | $287K | $260K | -9.4% |
5+ Bedrooms | $334.5K | $257.5K | -23.0% |
Summary: Le Ray housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 23%.
Median Sold Price Compared To Nearby Cities
Black River | $240K | $255K | +6.3% |
Le Ray | $257.3K | $257.5K | 0.0% |
Housing Supply in Le Ray, NY
How many homes are available in Le Ray, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 35 | +20.7% |
Summary: The Le Ray real estate market had 35 homes for sale in May 2024, a 20.7% increase 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 | 0 | 2 | +100.0% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Le Ray 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 increased by 100%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Le Ray in May 2024, up by 100.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
68 Days | 27 Days | -60.8% |
Summary: Homes in Le Ray had an average of 27 days on market in May 2024, down by 60.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Le Ray; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.