Is Beaver Dams, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver Dams is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Beaver Dams was a Seller's Market.

Key Takeaway

Beaver Dams is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Beaver Dams, NY

How much do homes in Beaver Dams, NY cost?

Median Sold Price

$239,900

$156/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$94,900(+65.4%)

Key Takeaway

Homes in Beaver Dams have sold for 65.4% more than they did a month ago.

Summary: The median home sold price in Beaver Dams was $239,900 in May 2024, up 65.4% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $145K$239.9K
+65.4%
4 --
N/A
5+ --
N/A

Summary: Beaver Dams housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 65.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Beaver Dams, NY

How many homes are available in Beaver Dams, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
57+40.0%

Summary: The Beaver Dams real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Beaver Dams 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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver Dams, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Beaver Dams in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Beaver Dams, NY

How long does it take to sell a home in Beaver Dams, NY?

Average Sale Time

Apr 2024May 2024CHANGE
31 Days2 Days-93.5%

Summary: Homes in Beaver Dams had an average of 2 days on market in May 2024, down by 93.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beaver Dams are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Beaver Dams; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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