Penfield, NY Housing Market & Real Estate

Strong seller's market+2.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Penfield, NY is $367,500, up 2.1% year-over-year. Homes sell in an average of 8 days with 14 active listings. The market is currently a strong seller's market.

$367,500median sale price

Homes sold

8

Last 12 weeks

Days on market

8

Fast-moving

Active listings

14

1.8 months supply

Sale-to-list

108.9%

Above asking

Penfield, NY market data

Current housing market statistics for Penfield, NY
MetricValue
Median sale price$367,500
Median list price$289,500
Year-over-year price change+2.1%
Average days on market8 days
Active inventory14 listings
Months of supply1.8 months
Sale-to-list price ratio108.9%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Penfield housing market is currently classified as a strong seller's market with a median sale price of $367,500. Prices have risen 2.1% compared to last year, with homes spending an average of 8 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Penfield

There are currently 14 homes listed for sale in Penfield, New York. The median listing price is $290K.

Active listings

14

Homes on market

Median list price

$290K

Avg. days on market

8

Days until sale

New this week

18

Newly listed

Sale-to-list:108.9%

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Frequently asked questions

What is the average home price in Penfield?

The median home sale price in Penfield is $367,500, up 2.1% from last year.

How long do homes stay on market in Penfield?

Homes typically spend 8 days on market before going under contract.

Is Penfield a buyer's or seller's market?

With 1.8 months of supply, Penfield is currently a strong seller's market.

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