Is Liverpool, 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, Liverpool has remained a Seller's Market.
Key Takeaway
Liverpool is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Liverpool, NY
How much do homes in Liverpool, NY cost?
Median Sold Price
$250,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Liverpool have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Liverpool was $250,000 in May 2024, up 16.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143.7K | $182.4K | +26.9% |
| 2 Bedrooms | $175K | $205.4K | +17.4% |
| 3 Bedrooms | $200K | $230.1K | +15.0% |
| 4 Bedrooms | $250K | $280K | +12.0% |
| 5+ Bedrooms | $300K | $320K | +6.7% |
Summary: Liverpool housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.9%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Liverpool | $214.9K | $250K | +16.3% |
| Salina | $175K | $199K | +13.7% |
Housing Supply in Liverpool, NY
How many homes are available in Liverpool, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 93 | 95 | +2.2% |
Summary: The Liverpool real estate market had 95 homes for sale in May 2024, a 2.2% 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 | 12 | 10 | -16.7% |
| 3 Bedrooms | 53 | 56 | +5.7% |
| 4 Bedrooms | 25 | 26 | +4.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Liverpool 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 decreased by 16.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Liverpool, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Liverpool in May 2024, up by 20.0% month-over-month. Of the 24 sold homes, 17% were sold under asking, 8% were sold at asking, and 75% were sold over asking.
Days on Market for Liverpool, NY
How long does it take to sell a home in Liverpool, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 7 Days | -18.2% |
Summary: Homes in Liverpool had an average of 7 days on market in May 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Liverpool are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 24 homes were sold in Liverpool; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
