$2,339 Closing Credit*
$197,000
1,248 SqFt
3 Beds
•1 Full Bath, 1 Partial
Thomas C Tait, Listing Office: Oak Tree Real Estate
Is Chittenango, 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, Chittenango was a Seller's Market.
Key Takeaway
Chittenango is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chittenango, NY
How much do homes in Chittenango, NY cost?
Median Sold Price
$228,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,500(+1.6%)
Key Takeaway
Homes in Chittenango have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Chittenango was $228,500 in October 2024, up 1.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | - | N/A |
| 2 Bedrooms | $85.1K | $172K | +102.1% |
| 3 Bedrooms | $221K | $228.5K | +3.4% |
| 4 Bedrooms | $351.2K | $301K | -14.3% |
| 5+ Bedrooms | $170.5K | $428.5K | +151.3% |
Summary: Chittenango 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 increased by 102.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 151.3%.
Median Sold Price Compared To Nearby Cities
| Sullivan | $220K | $257.5K | +17.0% |
| Chittenango | $225K | $228.5K | +1.6% |
Housing Supply in Chittenango, NY
How many homes are available in Chittenango, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 38 | +2.7% |
Summary: The Chittenango real estate market had 38 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chittenango 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 16.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chittenango, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Chittenango in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Chittenango, NY
How long does it take to sell a home in Chittenango, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 10 Days | -59.7% |
Summary: Homes in Chittenango had an average of 10 days on market in Oct 2024, down by 59.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chittenango are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Chittenango; 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.
