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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alden is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Alden, NY

How much do homes in Alden, NY cost?

Median Sold Price

$294,950

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,950(+1.7%)

Key Takeaway

Homes in Alden have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Alden was $294,950 in November 2024, up 1.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $217.5K$150K
-31.0%
3 $288.4K$276K
-4.3%
4 $352K$365K
+3.7%
5+ $252.5K$377.5K
+49.5%

Summary: Alden 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 decreased by 31%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 49.5%.

Housing Supply in Alden, NY

How many homes are available in Alden, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3122-29.0%

Summary: The Alden real estate market had 22 homes for sale in November 2024, a 29.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 169
-43.8%
4 98
-11.1%
5+ 33
0.0%

Summary: The Alden 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 decreased by 33.3%, 3 bedroom homes decreased by 43.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

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 Alden, 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 Alden in November 2024, down by 50.0% 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 Alden, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days7 Days-66.6%

Summary: Homes in Alden had an average of 7 days on market in Nov 2024, down by 66.6% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Alden; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Alden, NY

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