Is West Henrietta, 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, West Henrietta has remained a Seller's Market.
Key Takeaway
West Henrietta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Henrietta, NY
How much do homes in West Henrietta, NY cost?
Median Sold Price
$317,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in West Henrietta have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in West Henrietta was $317,500 in May 2024, up 13.4% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | - | N/A |
| 2 Bedrooms | $199.2K | $232.4K | +16.7% |
| 3 Bedrooms | $279K | $315K | +12.9% |
| 4 Bedrooms | $323K | $387.7K | +20.0% |
| 5+ Bedrooms | $402K | $368.5K | -8.3% |
Summary: West Henrietta 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 16.7%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in West Henrietta, NY
How many homes are available in West Henrietta, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The West Henrietta real estate market had 28 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Henrietta 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 increased by 7.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Henrietta, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in West Henrietta in May 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for West Henrietta, NY
How long does it take to sell a home in West Henrietta, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 8 Days | -13.1% |
Summary: Homes in West Henrietta had an average of 8 days on market in May 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Henrietta are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in West Henrietta; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
