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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canajoharie is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Canajoharie was a Buyer's Market.

Key Takeaway

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

Housing Prices in Canajoharie, NY

How much do homes in Canajoharie, NY cost?

Median Sold Price

$172,500

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,060(+13.2%)

Key Takeaway

Homes in Canajoharie have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Canajoharie was $172,500 in November 2024, up 13.2% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$76K
N/A
2 $140K$122.5K
-12.5%
3 $159K$176.6K
+11.1%
4 $133.9K$160K
+19.4%
5+ $150K$180.2K
+20.2%

Summary: Canajoharie 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 decreased by 12.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 20.2%.

Housing Supply in Canajoharie, NY

How many homes are available in Canajoharie, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1210-16.7%

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

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 64
-33.3%
5+ 22
0.0%

Summary: The Canajoharie 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 decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were 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 Canajoharie, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Canajoharie in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Canajoharie, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days6 Days-7.1%

Summary: Homes in Canajoharie had an average of 6 days on market in Nov 2024, down by 7.1% compared to last year.

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

Summary: During November 2024, 2 homes were sold in Canajoharie; 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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