$1,413 Closing Credit*
$119,000
4,122 SqFt
7 Beds
•3 Full Baths
Stefan Marikovics, Listing Office: Keller Williams Upstate NY Properties
Is Chenango County, 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, Chenango County was a Seller's Market.
Key Takeaway
Chenango County 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 Chenango County, NY
How much do homes in Chenango County, NY cost?
Median Sold Price
$160,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+12.7%)
Key Takeaway
Homes in Chenango County have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Chenango County was $160,000 in October 2024, up 12.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185.6K | $96.2K | -48.2% |
| 2 Bedrooms | $127.4K | $95.5K | -25.1% |
| 3 Bedrooms | $145.8K | $157.9K | +8.3% |
| 4 Bedrooms | $151.7K | $190K | +25.2% |
| 5+ Bedrooms | $143K | $186.5K | +30.4% |
Summary: Chenango County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.2%, 2 bedroom homes decreased by 25.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 30.4%.
Median Sold Price Compared To Nearby Counties
| Chenango County | $142K | $160K | +12.7% |
| Otsego County | $188K | $208.3K | +10.8% |
| Delaware County | $215K | $235K | +9.3% |
| Madison County | $220K | $229.7K | +4.4% |
Housing Supply in Chenango County, NY
How many homes are available in Chenango County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 168 | 165 | -1.8% |
Summary: The Chenango County real estate market had 165 homes for sale in October 2024, a 1.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 21 | 19 | -9.5% |
| 3 Bedrooms | 75 | 70 | -6.7% |
| 4 Bedrooms | 43 | 39 | -9.3% |
| 5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The Chenango County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chenango County, you may be able to get a good deal. 76% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Chenango County in October 2024, down by 10.7% month-over-month. Of the 25 sold homes, 76% were sold under asking, 8% were sold at asking, and 16% were sold over asking.
Days on Market for Chenango County, NY
How long does it take to sell a home in Chenango County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 62 Days | +10.1% |
Summary: Homes in Chenango County had an average of 62 days on market in Oct 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chenango County has remained consistent over time.
Summary: During October 2024, 25 homes were sold in Chenango County; 28% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.