$2,849 Closing Credit*
$239,900
2,357 SqFt
6 Beds
•2 Full Baths
Scott Scorzafava, Listing Office: Scorzafava Real Estate Group LLC
Is Amsterdam, 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, Amsterdam has remained a Seller's Market.
Key Takeaway
Amsterdam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amsterdam, NY
How much do homes in Amsterdam, NY cost?
Median Sold Price
$191,650
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,600(+12.7%)
Key Takeaway
Homes in Amsterdam have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Amsterdam was $191,650 in November 2024, up 12.7% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $54.5K | N/A |
| 2 Bedrooms | $187.7K | $175K | -6.8% |
| 3 Bedrooms | $205K | $220K | +7.3% |
| 4 Bedrooms | $188.7K | $175.5K | -7.0% |
| 5+ Bedrooms | $127.8K | $160K | +25.1% |
Summary: Amsterdam 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 6.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 25.1%.
Median Sold Price Compared To Nearby Cities
| Florida | $300K | $346.5K | +15.5% |
| Amsterdam | $170K | $191.6K | +12.7% |
| Hagaman | $258.5K | $247.5K | -4.3% |
Housing Supply in Amsterdam, NY
How many homes are available in Amsterdam, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 88 | -27.3% |
Summary: The Amsterdam real estate market had 88 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 45 | 39 | -13.3% |
| 4 Bedrooms | 30 | 17 | -43.3% |
| 5+ Bedrooms | 26 | 17 | -34.6% |
Summary: The Amsterdam housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 43.3%, and 5+ bedroom homes decreased by 34.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amsterdam, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Amsterdam in November 2024, down by 14.7% month-over-month. Of the 29 sold homes, 55% were sold under asking, 14% were sold at asking, and 31% were sold over asking.
Days on Market for Amsterdam, NY
How long does it take to sell a home in Amsterdam, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 19 Days | -34.5% |
Summary: Homes in Amsterdam had an average of 19 days on market in Nov 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Amsterdam are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Amsterdam; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.