$1,283 Closing Credit*
$108,000
800 SqFt
2 Beds
•1 Full Bath
Daniel J Chassin, Listing Office: Metro Kirsch Real Estate, Inc.
Is Chaffee, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Chaffee was a Seller's Market.
Key Takeaway
Chaffee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chaffee, NY
How much do homes in Chaffee, NY cost?
Median Sold Price
$171,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$24,000(-12.3%)
Key Takeaway
Homes in Chaffee have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in Chaffee was $171,000 in October 2024, down 12.3% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $351K | N/A |
| 2 Bedrooms | $201K | $87K | -56.7% |
| 3 Bedrooms | $189.2K | $180.5K | -4.6% |
| 4 Bedrooms | $176.5K | $55K | -68.8% |
| 5+ Bedrooms | $325K | - | N/A |
Summary: Chaffee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 56.7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 68.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Yorkshire | $160.7K | $182K | +13.2% |
| Sardinia | $207.5K | $217.5K | +4.8% |
| Chaffee | $195K | $171K | -12.3% |
| Holland | $295K | $255K | -13.6% |
Housing Supply in Chaffee, NY
How many homes are available in Chaffee, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Chaffee real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 0 | -100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chaffee 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 increased by 50%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chaffee, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Chaffee in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chaffee, NY
How long does it take to sell a home in Chaffee, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 28 Days | +7.7% |
Summary: Homes in Chaffee had an average of 28 days on market in Oct 2024, up by 7.7% 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 Chaffee are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Chaffee; 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.
