$114,500
10.00 Acres
Land
Michael Tellerday, Listing Office: Houlihan Lawrence Real Estate
Is Ancram, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Ancram has remained a Seller's Market.
Key Takeaway
Ancram is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ancram, NY
How much do homes in Ancram, NY cost?
Median Sold Price
$620,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$80,000(-11.4%)
Key Takeaway
Homes in Ancram have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in Ancram was $620,000 in December 2024, down 11.4% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | - | N/A |
| 2 Bedrooms | $312.5K | $495K | +58.4% |
| 3 Bedrooms | $795K | $664.5K | -16.4% |
| 4 Bedrooms | $507.5K | $615K | +21.2% |
| 5+ Bedrooms | $1.0M | $2.0M | +88.7% |
Summary: Ancram housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.4%, 3 bedroom homes decreased by 16.4%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 88.7%.
Median Sold Price Compared To Nearby Cities
| Copake | $425K | $600K | +41.2% |
| North East | $439K | $470K | +7.1% |
| Ancram | $700K | $620K | -11.4% |
Housing Supply in Ancram, NY
How many homes are available in Ancram, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Ancram real estate market had 22 homes for sale in December 2024, a 10.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ancram housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ancram, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Ancram in December 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 57 Days | 124 Days | +115.3% |
Summary: Homes in Ancram had an average of 124 days on market in Dec 2024, up by 115.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Ancram are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Ancram; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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