Is Adams Center, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Center is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Adams Center was a Buyer's Market.

Key Takeaway

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

Housing Prices in Adams Center, NY

How much do homes in Adams Center, NY cost?

Median Sold Price

$257,500

$171/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$108,500(+72.8%)

Key Takeaway

Homes in Adams Center have sold for 72.8% more than they did a month ago.

Summary: The median home sold price in Adams Center was $257,500 in November 2024, up 72.8% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $149K$255K
+71.1%
4 -$260K
N/A
5+ --
N/A

Summary: Adams Center housing prices by bedroom type for November 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 71.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adams Center, NY

How many homes are available in Adams Center, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The Adams Center real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 34
+33.3%
5+ 22
0.0%

Summary: The Adams Center 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 decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Center, 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 Adams Center in November 2024, up by 300.0% 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 Adams Center, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
71 Days52 Days-26.8%

Summary: Homes in Adams Center had an average of 52 days on market in Nov 2024, down by 26.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Adams Center; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Adams Center, NY

Nearby Markets to Adams Center, NY