$1,306 Closing Credit*
$110,000
2,688 SqFt
5 Beds
•2 Full Baths
Joni Bates, Listing Office: Marble Key Realty LLC
Is Adams, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Adams has remained a Buyer's Market.
Key Takeaway
Adams is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Adams, NY
How much do homes in Adams, NY cost?
Median Sold Price
$225,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+16.9%)
Key Takeaway
Homes in Adams have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Adams was $225,000 in November 2024, up 16.9% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $134K | $187.5K | +39.9% |
| 3 Bedrooms | $197.6K | $229.9K | +16.3% |
| 4 Bedrooms | $249K | $231K | -7.2% |
| 5+ Bedrooms | $110K | $189.5K | +72.3% |
Summary: Adams housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.9%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 72.3%.
Housing Supply in Adams, NY
How many homes are available in Adams, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Summary: The Adams real estate market had 18 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Adams housing inventory by bedroom type for November 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 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adams, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Adams in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Adams, NY
How long does it take to sell a home in Adams, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 42 Days | -26.7% |
Summary: Homes in Adams had an average of 42 days on market in Nov 2024, down by 26.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Adams has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Adams; 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.
