$5,641 Closing Credit*
$475,000
1,700 SqFt
3 Beds
•2 Full Baths
Timothy Oot, Listing Office: Oot Real Estate, Inc.
Is Chittenango, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$227,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$500(-0.2%)
Key Takeaway
The sold price of homes in Chittenango has remained the same since last year.
Summary: The median home sold price in Chittenango was $227,000 in November 2024, down 0.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | - | N/A |
| 2 Bedrooms | $92.6K | $171K | +84.6% |
| 3 Bedrooms | $215.5K | $238.5K | +10.7% |
| 4 Bedrooms | $307K | $334K | +8.8% |
| 5+ Bedrooms | $337.7K | $352K | +4.2% |
Summary: Chittenango 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 84.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Sullivan | $220K | $257.5K | +17.0% |
| Chittenango | $227.5K | $227K | -0.2% |
Housing Supply in Chittenango, NY
How many homes are available in Chittenango, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Summary: The Chittenango real estate market had 29 homes for sale in November 2024, a 14.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Chittenango 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 decreased by 14.3%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chittenango, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Chittenango in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 27 Days | +94.4% |
Summary: Homes in Chittenango had an average of 27 days on market in Nov 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 2 homes were sold in Chittenango; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
