Is Bath, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bath was a Seller's Market.
Housing Prices in Bath, NY
How much do homes in Bath, NY cost?
Median Sold Price
$155,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bath was $155,000 in May 2024, up 2.6% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72K | - | N/A |
2 Bedrooms | $120K | $140K | +16.7% |
3 Bedrooms | $151K | $162.5K | +7.6% |
4 Bedrooms | $171.2K | $170K | -0.7% |
5+ Bedrooms | $227.5K | $79K | -65.3% |
Summary: Bath housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 65.3%.
Housing Supply in Bath, NY
How many homes are available in Bath, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 37 | +15.6% |
Summary: The Bath real estate market had 37 homes for sale in May 2024, a 15.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 12 | 18 | +50.0% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bath housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bath in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Bath, NY
How long does it take to sell a home in Bath, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 41 Days | -13.9% |
Summary: Homes in Bath had an average of 41 days on market in May 2024, down by 13.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Bath; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.