$259,000
58.43 Acres
Land
Amy Monk, Rochelle Bailey, Listing Office: Krutz Properties, LLC
Is Canajoharie, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Canajoharie was a Seller's Market.
Key Takeaway
Canajoharie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Canajoharie, NY
How much do homes in Canajoharie, NY cost?
Median Sold Price
$170,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$22,000(+14.9%)
Key Takeaway
Homes in Canajoharie have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Canajoharie was $170,000 in August 2024, up 14.9% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $76K | N/A |
| 2 Bedrooms | $140K | $122.5K | -12.5% |
| 3 Bedrooms | $141.5K | $170K | +20.1% |
| 4 Bedrooms | $162K | $148.9K | -8.1% |
| 5+ Bedrooms | $150K | $190.1K | +26.8% |
Summary: Canajoharie housing prices by bedroom type for August 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 20.1%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 26.8%.
Median Sold Price Compared To Nearby Cities
| Palatine | $133.5K | $219.5K | +64.4% |
| Canajoharie | $148K | $170K | +14.9% |
Housing Supply in Canajoharie, NY
How many homes are available in Canajoharie, NY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Summary: The Canajoharie real estate market had 8 homes for sale in August 2024, a 33.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Canajoharie housing inventory by bedroom type for August 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canajoharie, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Canajoharie in August 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -23.1% |
Summary: Homes in Canajoharie had an average of 5 days on market in Aug 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canajoharie are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 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.
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