Is Fulton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Fulton has remained a Seller's Market.

Key Takeaway

Fulton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fulton, NY

How much do homes in Fulton, NY cost?

Median Sold Price

$150,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$7,003(+4.9%)

Key Takeaway

Homes in Fulton have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Fulton was $150,000 in May 2024, up 4.9% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $160K$125K
-21.9%
2 $130K$124.9K
-3.9%
3 $142.7K$150K
+5.1%
4 $149.9K$158K
+5.4%
5+ $141K$129.9K
-7.9%

Summary: Fulton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Cities

Volney
+28.4%
Fulton
+4.9%
Granby
+3.1%

Housing Supply in Fulton, NY

How many homes are available in Fulton, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5054+8.0%

Summary: The Fulton real estate market had 54 homes for sale in May 2024, a 8.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 2021
+5.0%
4 1822
+22.2%
5+ 45
+25.0%

Summary: The Fulton 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 decreased by 25%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Fulton in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for Fulton, NY

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

Average Sale Time

May 2023May 2024CHANGE
28 Days26 Days-6.6%

Summary: Homes in Fulton had an average of 26 days on market in May 2024, down by 6.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 11 homes were sold in Fulton; 64% of homes were sold within 30 days, 36% 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

Newest Listings in Fulton, NY

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