$3,859 Closing Credit*
$325,000
1,600 SqFt
3 Beds
•2 Full Baths
Tracy Jensen, Listing Office: Hunt Real Estate ERA
Is Central Square, 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, Central Square has remained a Seller's Market.
Key Takeaway
Central Square is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Square, NY
How much do homes in Central Square, NY cost?
Median Sold Price
$250,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,050(+9.2%)
Key Takeaway
Homes in Central Square have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Central Square was $250,000 in November 2024, up 9.2% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $216K | $250K | +15.7% |
| 3 Bedrooms | $220K | $222.5K | +1.1% |
| 4 Bedrooms | $350K | $280K | -20.0% |
| 5+ Bedrooms | $337K | $310K | -8.0% |
Summary: Central Square 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 15.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Hastings | $228.9K | $268.5K | +17.3% |
| Central Square | $228.9K | $250K | +9.2% |
Housing Supply in Central Square, NY
How many homes are available in Central Square, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Central Square real estate market had 16 homes for sale in November 2024, a 6.7% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Central Square 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 increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Central Square, 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 Central Square in November 2024, up by 50.0% month-over-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 Central Square, NY
How long does it take to sell a home in Central Square, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 17 Days | +285.2% |
Summary: Homes in Central Square had an average of 17 days on market in Nov 2024, up by 285.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Square are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Central Square; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
