Is Phelps, NY 14532 a buyer’s or seller’s market?

The Phelps housing market right now

In the three months ending August 31, 2026, 50% of homes in Phelps, NY 14532 sold above their list price, the typical home went under contract in 9 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold faster (11 days then) and the median sale price rose 29% to $317,363. Overall, Phelps is about as competitive as it was a year ago.

Within Ontario County, homes here sell faster than in 64% of the county’s ZIP codes, and sell less often over asking than in 86%.

Nearby, buyers who want less competition could look at Springwater 14560 (20% sold over asking) or Geneva 14456 (47% sold over asking), while Ionia 14475 (100% sold over asking) and Manchester 14504 (100% sold over asking) are even more competitive.