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.
Key Takeaway
Lewiston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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
Key Takeaway
Homes in Lewiston have sold for 1.5% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Lewiston, you could pay more than the asking price. 75% of homes here sold above asking price last month.
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
Key Takeaway
Many homes in Lewiston are selling fast, if you're buying plan to act quickly.
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.
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.