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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blossvale is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Blossvale has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blossvale, NY

How much do homes in Blossvale, NY cost?

Median Sold Price

$219,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$51,550(+30.8%)

Key Takeaway

Homes in Blossvale have sold for 30.8% more than they did a year ago.

Summary: The median home sold price in Blossvale was $219,000 in October 2024, up 30.8% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K-
N/A
2 $157.5K$220K
+39.7%
3 $152.5K$195.7K
+28.3%
4 $200K$220K
+10.0%
5+ $272.2K-
N/A

Summary: Blossvale 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 increased by 39.7%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blossvale
+30.8%
Vienna
+22.9%
Rome
+3.5%
Verona
-6.0%

Housing Supply in Blossvale, NY

How many homes are available in Blossvale, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Blossvale real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 44
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Blossvale 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were 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 Blossvale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

Days on Market for Blossvale, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days11 Days+218.2%

Summary: Homes in Blossvale had an average of 11 days on market in Oct 2024, up by 218.2% 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 Blossvale are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Blossvale; 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 16 Days Ago

Newest Listings in Blossvale, NY

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