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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooperstown is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cooperstown has remained a Buyer's Market.

Key Takeaway

Cooperstown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cooperstown, NY

How much do homes in Cooperstown, NY cost?

Median Sold Price

$334,500

$168/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$92,500(-21.7%)

Key Takeaway

Homes in Cooperstown have sold for 21.7% less than they did a month ago.

Summary: The median home sold price in Cooperstown was $334,500 in December 2024, down 21.7% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$249K
N/A
3 --
N/A
4 $427K$420K
-1.6%
5+ --
N/A

Summary: Cooperstown housing prices by bedroom type for December 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 decreased by 1.6%, and 5+ bedroom homes did not change.

Housing Supply in Cooperstown, NY

How many homes are available in Cooperstown, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1617+6.3%

Summary: The Cooperstown real estate market had 17 homes for sale in December 2024, a 6.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 44
0.0%
5+ 55
0.0%

Summary: The Cooperstown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Cooperstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cooperstown in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Cooperstown, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
62 Days30 Days-51.6%

Summary: Homes in Cooperstown had an average of 30 days on market in Dec 2024, down by 51.6% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Cooperstown; 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.

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

Report Updated 4 Days Ago

Newest Listings in Cooperstown, NY

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