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Ontario County sees 38% increase in median home price amid statewide inventory decline

According to the New York State Association of Realtors (NYSAR), housing inventory has fallen for the 41st consecutive month in year-to-year comparisons across New York State. However, Ontario County stands out with one of the most significant jumps in the median sales price of a home, increasing by 38.4% to $257,500 in March 2023 from $186,000 in March 2022.


Despite the increase in median sales prices, Ontario County experienced a decrease in both new listings and closed sales, mirroring the trend observed in Monroe County. In March 2023, new listings in Ontario County dropped by 20.8% to 118 homes compared to 149 homes in March 2022.

Overall, houses on the market across New York State are staying listed for three days longer than in previous reporting, a 4.5% increase in the number of days they were on the market in 2022. The inventory of homes for sale in the state has dropped to 30,298 homes, marking a 12.4% decrease from the 34,605 available homes in March 2022.


In contrast to Ontario County, Wayne County experienced a 6.1% increase in new listings and a 6.7% increase in available homes. However, the median sales price of a home in Wayne County dropped from $165,500 in March 2022 to $139,950 in March 2023.

The ongoing decline in housing inventory highlights the increasing demand for homes in Ontario County and throughout New York State.

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