Is Ransomville, NY 14131 a buyer’s or seller’s market?
Ransomville is a seller’s market. With about 3.2 months of supply and 57% 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.
The Ransomville housing market right now
In the three months ending August 31, 2026, 57% of homes in Ransomville, NY 14131 sold above their list price, the typical home went under contract in 11 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold faster (14 days then) and the median sale price fell 21% to $279,879. Overall, Ransomville is more competitive than a year ago, so tougher for buyers.
Within Niagara County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 56%.
Nearby, buyers who want less competition could look at Olcott 14126 (0% sold over asking) or Lewiston 14092 (35% sold over asking), while Niagara Falls 14302 (100% sold over asking) and Sanborn 14132 (92% sold over asking) are even more competitive.
Run the numbers for 14131
Nearby markets
Appleton 14008Seller’s market $184 /sq ftBarker 14012Seller’s market $232 /sq ftBurt 14028Seller’s market $153 /sq ftGasport 14067Seller’s market $174 /sq ft Browse all markets →Towns like Ransomville nearby
Find towns like Ransomville in other states →Where Ransomville is
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Questions about Ransomville real estate
Is Ransomville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ransomville, NY 14131 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ransomville?
The typical home went under contract in 11 days in the latest three months.
Do homes in Ransomville sell over asking?
57% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in Ransomville?
About 2.19% of a home’s value a year in Niagara County, or roughly $8,760 on a $400,000 home.
What is the median home price in Ransomville?
The median sale price was $279,879 in the three months ending August 31, 2026, about $209 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology