Is Conewango, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conewango is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Conewango has remained a Seller's Market.

Key Takeaway

Conewango is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Conewango, NY

How much do homes in Conewango, NY cost?

Median Sold Price

$124,900

$84/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$19,900(+19.0%)

Key Takeaway

Homes in Conewango have sold for 19% more than they did a month ago.

Summary: The median home sold price in Conewango was $124,900 in October 2024, up 19% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $105K-
N/A
4 -$124.9K
N/A
5+ --
N/A

Summary: Conewango housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Conewango, NY

How many homes are available in Conewango, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Conewango real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Conewango 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conewango, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Conewango in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Conewango, NY

How long does it take to sell a home in Conewango, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days6 Days-40.0%

Summary: Homes in Conewango had an average of 6 days on market in Oct 2024, down by 40% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Conewango are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Conewango; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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