Is Nunda, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunda is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Nunda was a Neutral Market.

Key Takeaway

Nunda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nunda, NY

How much do homes in Nunda, NY cost?

Median Sold Price

$132,500

$63/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$132,500(-50.0%)

Key Takeaway

Homes in Nunda have sold for 50% less than they did a month ago.

Summary: The median home sold price in Nunda was $132,500 in May 2024, down 50% from last month, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$60K
N/A
3 $265K-
N/A
4 --
N/A
5+ -$205K
N/A

Summary: Nunda housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nunda, NY

How many homes are available in Nunda, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
65-16.7%

Summary: The Nunda real estate market had 5 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Nunda 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunda, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Nunda in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Nunda, NY

How long does it take to sell a home in Nunda, NY?

Average Sale Time

Apr 2024May 2024CHANGE
7 Days79 Days+1028.6%

Summary: Homes in Nunda had an average of 79 days on market in May 2024, up by 1028.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nunda are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Nunda; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Nunda, NY

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