Melissa Johnson, Listing Office: Keller Williams Realty Greater Rochester
Genesee County Housing Market Report December 2024•Genesee County, New York
Housing Prices in Genesee County, NY
How much do homes in Genesee County, NY cost?
Housing Market Conditions
Is Genesee County, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Genesee County is a Seller's Market
Difference Since December 2023
Since last year, Genesee County has remained a Seller's Market.
Genesee 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 Genesee County have sold for 5% more than they did a year ago.
Summary: The median home sold price in Genesee County was $190,000 in December 2024, up 5% from last year, and the median price per square foot was $129.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Livingston County | $203.7K | $230K | +12.9% |
Wyoming County | $164.1K | $175K | +6.6% |
Monroe County | $230.3K | $245.1K | +6.4% |
Orleans County | $159.9K | $169.9K | +6.3% |
Genesee County | $181K | $190K | +5.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $130K | $97K | -25.4% |
22 Bedrooms | $153.7K | $156K | +1.5% |
33 Bedrooms | $189.5K | $190K | 0.3% |
44 Bedrooms | $172.5K | $203K | +17.7% |
55+ Bedrooms | $200K | $234.9K | +17.5% |
Summary: Genesee County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -25.4%. The home price for 2 bedroom homes increased by +1.5%. The home price for 3 bedroom homes increased by 0.3%. The home price for 4 bedroom homes increased by +17.7%. The home price for 5 bedroom homes increased by +17.5%.
Housing supply in Genesee County, NY
How many homes are available in Genesee County, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
114Last MonthDec 2024 | ||
1522 months agoNov 2024 | -25.0 % Change MoMNov – Dec |
Summary: The Genesee County real estate market had 114 homes for sale in Dec 2024, a 25.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
32Last MonthDec 2024 | ||
412 months agoNov 2024 | -22.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 24 | 16 | -33.3% |
33 Bedrooms | 69 | 56 | -18.8% |
44 Bedrooms | 39 | 22 | -43.6% |
55+ Bedrooms | 19 | 20 | +5.3% |
Summary: Genesee County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -18.8%. The inventory for 4 bedroom homes decreased by -43.6%. The inventory for 5 bedroom homes increased by +5.3%.
Asking Price vs. Sold Price
How much do homes in Genesee County, NY cost?
Over Asking Price18 Homes
At Asking Price8 Homes
Under Asking Price6 Homes
If you're buying a home in Genesee County, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 32 homes were sold or pending in Genesee County in December 2024, down by 22.0% month-over-month. Of the 32 sold homes, 19% were sold under asking, 25% were sold at asking, and and 56% were sold over asking.
Days on Market for Genesee County, NY
How long does it take to sell a home in Genesee County, NY?
Breakdown of Home Sale Times
Under 30 Days26 Homes
30 – 90 Days6 Homes
Over 90 Days0 Home
Many homes in Genesee County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 32 homes were sold in Genesee County; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
15 DaysThis YearDec 2024 | ||
21 Days1 year agoDec 2023 | -25.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Genesee County had an average listing age of 15 days in Dec 2024, down by 25.0% compared to the previous year.
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Newest Listings in Genesee County, NY
What homes are available in Genesee County, NY?
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, for the period 01/01/2023 - 01/01/2025
harmless.
© 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.