Is Volney, 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, Volney was a Buyer's Market.
Key Takeaway
Volney is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Volney, NY
How much do homes in Volney, NY cost?
Median Sold Price
$195,050
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Volney have sold for 28.4% more than they did a year ago.
Summary: The median home sold price in Volney was $195,050 in May 2024, up 28.4% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133.5K | $150.7K | +12.9% |
| 3 Bedrooms | $158.5K | $189K | +19.2% |
| 4 Bedrooms | $200K | $326K | +63.0% |
| 5+ Bedrooms | $127.5K | - | N/A |
Summary: Volney 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 12.9%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 63%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Volney | $151.8K | $195K | +28.4% |
| Schroeppel | $193.5K | $220K | +13.7% |
| Fulton | $142.9K | $150K | +4.9% |
| Granby | $180K | $185.5K | +3.1% |
Housing Supply in Volney, NY
How many homes are available in Volney, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Volney real estate market had 10 homes for sale in May 2024, a 9.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Volney 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Volney, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Volney in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Volney, NY
How long does it take to sell a home in Volney, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 10 Days | -34.4% |
Summary: Homes in Volney had an average of 10 days on market in May 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Volney are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Volney; 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.
