$120,000
9.10 Acres
Land
John M Fox, Listing Office: MJ Peterson Real Estate Inc.
Is Boston, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Boston has remained a Seller's Market.
Key Takeaway
Boston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Boston, NY
How much do homes in Boston, NY cost?
Median Sold Price
$370,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.2%)
Key Takeaway
Homes in Boston have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Boston was $370,000 in November 2024, up 4.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201.2K | $232.4K | +15.5% |
| 3 Bedrooms | $355K | $323K | -9.0% |
| 4 Bedrooms | $363.8K | $420K | +15.4% |
| 5+ Bedrooms | $537.5K | $465K | -13.5% |
Summary: Boston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Aurora | $381.5K | $400K | +4.8% |
| Boston | $355K | $370K | +4.2% |
Housing Supply in Boston, NY
How many homes are available in Boston, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 15 | -34.8% |
Summary: The Boston real estate market had 15 homes for sale in November 2024, a 34.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 8 | -33.3% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Boston 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 decreased by 33.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Boston, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Boston in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Boston, NY
How long does it take to sell a home in Boston, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 27 Days | -10.3% |
Summary: Homes in Boston had an average of 27 days on market in Nov 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boston are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Boston; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
