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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Athens is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Athens was a Neutral Market.

Key Takeaway

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

Housing Prices in Athens, NY

How much do homes in Athens, NY cost?

Median Sold Price

$334,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$380,500(-53.2%)

Key Takeaway

Homes in Athens have sold for 53.2% less than they did a year ago.

Summary: The median home sold price in Athens was $334,500 in October 2024, down 53.2% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$229.2K
N/A
3 $715K$334.5K
-53.2%
4 $675K$430K
-36.3%
5+ $642K$302.5K
-52.9%

Summary: Athens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 53.2%, 4 bedroom homes decreased by 36.3%, and 5+ bedroom homes decreased by 52.9%.

Median Sold Price Compared To Nearby Cities

Hudson
+41.8%
Greenport
+4.4%
Athens
-53.2%

Housing Supply in Athens, NY

How many homes are available in Athens, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1816-11.1%

Summary: The Athens real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1413
-7.1%
4 12
+100.0%
5+ 00
0.0%

Summary: The Athens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 Athens, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Athens in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Athens, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days9 Days-82.0%

Summary: Homes in Athens had an average of 9 days on market in Oct 2024, down by 82% compared to last year.

Breakdown of Home Sale Times

3 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 Athens are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Athens; 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 4 Days Ago

Newest Listings in Athens, NY

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