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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caledonia is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Caledonia was a Buyer's Market.

Key Takeaway

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

Housing Prices in Caledonia, NY

How much do homes in Caledonia, NY cost?

Median Sold Price

$200,000

$110/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$128,000(+177.8%)

Key Takeaway

Homes in Caledonia have sold for 177.8% more than they did a month ago.

Summary: The median home sold price in Caledonia was $200,000 in October 2024, up 177.8% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $72K$200K
+177.8%
4 -$180K
N/A
5+ -$253K
N/A

Summary: Caledonia housing prices by bedroom type for October 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 increased by 177.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Caledonia, NY

How many homes are available in Caledonia, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The Caledonia real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 43
-25.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Caledonia 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caledonia, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Caledonia in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for Caledonia, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
14 Days8 Days-41.4%

Summary: Homes in Caledonia had an average of 8 days on market in Oct 2024, down by 41.4% compared to last month.

Breakdown of Home Sale Times

5 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 Caledonia are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Caledonia; 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 20 Days Ago

Newest Listings in Caledonia, NY

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