$6,531 Closing Credit*
$550,000
2,450 SqFt
3 Beds
•2 Full Baths, 1 Partial
Damian O'Meally, Listing Office: Keller Williams Realty WNY
Is Concord, 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, Concord was a Neutral Market.
Key Takeaway
Concord is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Concord, NY
How much do homes in Concord, NY cost?
Median Sold Price
$240,500
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$79,500(-24.8%)
Key Takeaway
Homes in Concord have sold for 24.8% less than they did a year ago.
Summary: The median home sold price in Concord was $240,500 in November 2024, down 24.8% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $200K | $195K | -2.5% |
| 3 Bedrooms | $306K | $227K | -25.8% |
| 4 Bedrooms | $340K | $232.4K | -31.6% |
| 5+ Bedrooms | - | $300K | N/A |
Summary: Concord 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 decreased by 2.5%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Springville | $245K | $229K | -6.5% |
| Concord | $320K | $240.5K | -24.8% |
Housing Supply in Concord, NY
How many homes are available in Concord, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 21 | -30.0% |
Summary: The Concord real estate market had 21 homes for sale in November 2024, a 30.0% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 14 | 7 | -50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Concord 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 decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 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 Concord, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Concord in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Concord, NY
How long does it take to sell a home in Concord, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 52 Days | +609.1% |
Summary: Homes in Concord had an average of 52 days on market in Nov 2024, up by 609.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Concord are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Concord; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
