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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corinth is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Corinth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Corinth, NY

How much do homes in Corinth, NY cost?

Median Sold Price

$250,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,500(+23.5%)

Key Takeaway

Homes in Corinth have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in Corinth was $250,000 in October 2024, up 23.5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $175K$204K
+16.6%
3 $247.5K$311.5K
+25.9%
4 $262.5K$182K
-30.7%
5+ $225K$320K
+42.2%

Summary: Corinth 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 16.6%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 30.7%, and 5+ bedroom homes increased by 42.2%.

Housing Supply in Corinth, NY

How many homes are available in Corinth, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3026-13.3%

Summary: The Corinth real estate market had 26 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 1812
-33.3%
4 35
+66.7%
5+ 00
0.0%

Summary: The Corinth 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 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corinth, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Corinth in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Corinth, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days17 Days-53.1%

Summary: Homes in Corinth had an average of 17 days on market in Oct 2024, down by 53.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Corinth are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Corinth; 80% of homes were sold within 30 days, 20% 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

Newest Listings in Corinth, NY

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