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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waterville is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Waterville was a Seller's Market.

Key Takeaway

Waterville 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 Waterville, NY

How much do homes in Waterville, NY cost?

Median Sold Price

$186,250

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$4,250(-2.2%)

Key Takeaway

Homes in Waterville have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Waterville was $186,250 in May 2024, down 2.2% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $129K-
N/A
2 $187K$184.5K
-1.3%
3 $204.4K$190.7K
-6.7%
4 $188.7K$197.9K
+4.8%
5+ $190.5K$175K
-8.1%

Summary: Waterville 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 decreased by 1.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Waterville
-2.2%
Sangerfield
-2.4%

Housing Supply in Waterville, NY

How many homes are available in Waterville, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
97-22.2%

Summary: The Waterville real estate market had 7 homes for sale in May 2024, a 22.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 64
-33.3%
4 11
0.0%
5+ 21
-50.0%

Summary: The Waterville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

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 Waterville, 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 Waterville in May 2024, down by 50.0% month-over-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 Waterville, NY

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

Average Sale Time

May 2023May 2024CHANGE
9 Days86 Days+789.7%

Summary: Homes in Waterville had an average of 86 days on market in May 2024, up by 789.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Waterville has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Waterville; 0% of homes were sold within 30 days, 100% 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 8 Days Ago

Newest Listings in Waterville, NY

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