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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arkport is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Arkport was a Neutral Market.

Key Takeaway

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

Housing Prices in Arkport, NY

How much do homes in Arkport, NY cost?

Median Sold Price

$135,000

$95/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$45,000(-25.0%)

Key Takeaway

Homes in Arkport have sold for 25% less than they did a month ago.

Summary: The median home sold price in Arkport was $135,000 in November 2024, down 25% from last month, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $180K$120K
-33.3%
4 -$150K
N/A
5+ --
N/A

Summary: Arkport 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 decreased by 33.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Arkport, NY

How many homes are available in Arkport, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Arkport real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Arkport 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arkport, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Arkport in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Arkport, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
5 Days8 Days+70.0%

Summary: Homes in Arkport had an average of 8 days on market in Nov 2024, up by 70% compared to last month.

Breakdown of Home Sale Times

2 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 Arkport are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Arkport; 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 21 Days Ago

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