Kathleen E Komenda, Listing Office: Howard Hanna WNY Inc.
Cattaraugus County Housing Market Report December 2024•Cattaraugus County, New York
Housing Prices in Cattaraugus County, NY
How much do homes in Cattaraugus County, NY cost?
Housing Market Conditions
Is Cattaraugus County, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cattaraugus County is a Seller's Market
Difference Since December 2023
Since last year, Cattaraugus County has remained a Seller's Market.
Cattaraugus County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Cattaraugus County have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Cattaraugus County was $158,526 in December 2024, up 9.4% from last year, and the median price per square foot was $102.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Cattaraugus County | $144.9K | $158.5K | +9.4% |
Allegany County | $120.2K | $131.1K | +9.0% |
Chautauqua County | $139.9K | $151K | +7.9% |
Wyoming County | $164.1K | $175K | +6.6% |
Erie County | $250K | $260.5K | +4.2% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $80K | $177.5K | +121.9% |
22 Bedrooms | $110K | $125K | +13.6% |
33 Bedrooms | $142K | $150K | +5.6% |
44 Bedrooms | $159.9K | $179.9K | +12.5% |
55+ Bedrooms | $190K | $275K | +44.7% |
Summary: Cattaraugus County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +121.9%. The home price for 2 bedroom homes increased by +13.6%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes increased by +12.5%. The home price for 5 bedroom homes increased by +44.7%.
Housing supply in Cattaraugus County, NY
How many homes are available in Cattaraugus County, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
293Last MonthDec 2024 | ||
3652 months agoNov 2024 | -19.7 % Change MoMNov – Dec |
Summary: The Cattaraugus County real estate market had 293 homes for sale in Dec 2024, a 19.7 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
50Last MonthDec 2024 | ||
622 months agoNov 2024 | -19.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 25 | 23 | -8.0% |
22 Bedrooms | 54 | 41 | -24.1% |
33 Bedrooms | 154 | 123 | -20.1% |
44 Bedrooms | 79 | 65 | -17.7% |
55+ Bedrooms | 53 | 41 | -22.6% |
Summary: Cattaraugus County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -8.0%. The inventory for 2 bedroom homes decreased by -24.1%. The inventory for 3 bedroom homes decreased by -20.1%. The inventory for 4 bedroom homes decreased by -17.7%. The inventory for 5 bedroom homes decreased by -22.6%.
Asking Price vs. Sold Price
How much do homes in Cattaraugus County, NY cost?
Over Asking Price14 Homes
At Asking Price7 Homes
Under Asking Price29 Homes
If you're buying a home in Cattaraugus County, you may be able to get a good deal. 58% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Cattaraugus County in December 2024, down by 19.4% month-over-month. Of the 50 sold homes, 58% were sold under asking, 14% were sold at asking, and and 28% were sold over asking.
Days on Market for Cattaraugus County, NY
How long does it take to sell a home in Cattaraugus County, NY?
Breakdown of Home Sale Times
Under 30 Days28 Homes
30 – 90 Days18 Homes
Over 90 Days4 Homes
Many homes in Cattaraugus County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 50 homes were sold in Cattaraugus County; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
39 DaysThis YearDec 2024 | ||
40 Days1 year agoDec 2023 | -1.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Cattaraugus County had an average listing age of 39 days in Dec 2024, down by 1.9% compared to the previous year.
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Newest Listings in Cattaraugus County, NY
What homes are available in Cattaraugus County, NY?
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, and Global MLS for the period 01/01/2023 - 01/01/2025
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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.