Is Canaseraga, NY 14822 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Canaseraga is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market2Listing to accepted offer

Median price per sq ft$30▼ −72.7% vs. last year

The Canaseraga housing market right now

In the three months ending August 31, 2026, 0% of homes in Canaseraga, NY 14822 sold above their list price and the typical home went under contract in 2 days. With only 1 sale, 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 (0% then), homes sold faster (74 days then) and the median sale price fell 72% to $49,978. Overall, Canaseraga is more competitive than a year ago, so tougher for buyers.

Within Allegany County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Houghton 14744 (100% sold over asking) and Caneadea 14717 (75% sold over asking) are even more competitive.

About the area

Allegany County, NY

Population	851
Median income	$66,771
Average income	$78,640
Median home value	$92,700
Median rent	$950/month
Owner-occupied	88% of homes
Median year built	1970

Natural hazard riskLow for the hazards we track

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 14822; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 14822

Prefilled for 14822Can I win this house?Multiple-offer likelihood for a listing Prefilled for 14822Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alfred 14802Balanced $101 /sq ft Alfred Station 14803 — /sq ft Alma 14708Seller’s market $317 /sq ft Almond 14804Balanced $151 /sq ft Browse all markets →

Where Canaseraga is

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Questions about Canaseraga real estate

How fast do homes sell in Canaseraga?

The typical home went under contract in 2 days in the latest three months.

Do homes in Canaseraga sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Canaseraga?

About 2.92% of a home’s value a year in Allegany County, or roughly $11,680 on a $400,000 home.

What is the median home price in Canaseraga?

The median sale price was $49,978 in the three months ending August 31, 2026, about $30 per square foot.

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More tools for 14822

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Allegany County property taxes Allegany County loan limits Closing costs in New York Hottest ZIP codes in New York

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology