Is Lewiston, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lewiston was a Seller's Market.
Housing Prices in Lewiston, NY
How much do homes in Lewiston, NY cost?
Median Sold Price
$289,400
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lewiston was $289,400 in May 2024, up 1.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $265K | +6.0% |
3 Bedrooms | $269.9K | $270K | 0.0% |
4 Bedrooms | $315K | $380K | +20.6% |
5+ Bedrooms | $674.9K | $402.5K | -40.4% |
Summary: Lewiston 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 6%, 3 bedroom homes did not change, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes decreased by 40.4%.
Housing Supply in Lewiston, NY
How many homes are available in Lewiston, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 40 | -7.0% |
Summary: The Lewiston real estate market had 40 homes for sale in May 2024, a 7.0% decrease 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 | 6 | 7 | +16.7% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 17 | 13 | -23.5% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Lewiston 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 16.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lewiston in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Lewiston, NY
How long does it take to sell a home in Lewiston, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
74 Days | 16 Days | -78.1% |
Summary: Homes in Lewiston had an average of 16 days on market in May 2024, down by 78.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Lewiston; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.