Is Penn Yan, NY 14527 a buyer’s or seller’s market?
Penn Yan is a seller’s market. With about 3.6 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.6Under 4 months = seller’s market
Sold above original list41.6%Share of sales, last 3 months
Median sale-to-list102.2%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$210▼ −6.6% vs. last year
Run the numbers for 14527
Nearby markets
Bellona 14415 — /sq ftBranchport 14418Seller’s market $381 /sq ftDresden 14441Seller’s market $82 /sq ftDundee 14837Balanced $587 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology