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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ancram is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Ancram was a Seller's Market.

Key Takeaway

Ancram is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ancram, NY

How much do homes in Ancram, NY cost?

Median Sold Price

$475,000

$277/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$910,000(-65.7%)

Key Takeaway

Homes in Ancram have sold for 65.7% less than they did a month ago.

Summary: The median home sold price in Ancram was $475,000 in November 2024, down 65.7% from last month, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$475K
N/A
3 $1.1M-
N/A
4 $1.3M-
N/A
5+ --
N/A

Summary: Ancram 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ancramdale
-11.9%
Copake
-60.6%
Ancram
-65.7%

Housing Supply in Ancram, NY

How many homes are available in Ancram, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Ancram real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 33
0.0%
3 75
-28.6%
4 20
-100.0%
5+ 23
+50.0%

Summary: The Ancram housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ancram, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Ancram in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Ancram, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
25 Days8 Days-68.0%

Summary: Homes in Ancram had an average of 8 days on market in Nov 2024, down by 68% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Ancram are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Ancram; 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 2 Days Ago

Newest Listings in Ancram, NY

Nearby Markets to Ancram, NY

What housing markets are near Ancram, NY?