$3,117 Closing Credit*
$262,500
1,650 SqFt
3 Beds
•1 Full Bath
Joseph Murtha, Listing Office: North Star Real Estate & Property Management
Is Denmark, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Denmark was a Seller's Market.
Key Takeaway
Denmark is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Denmark, NY
How much do homes in Denmark, NY cost?
Median Sold Price
$128,000
$70/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$3,000(+2.4%)
Key Takeaway
Homes in Denmark have sold for 2.4% more than they did a month ago.
Summary: The median home sold price in Denmark was $128,000 in November 2024, up 2.4% from last month, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | - | N/A |
| 3 Bedrooms | $223.9K | $128K | -42.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $125K | - | N/A |
Summary: Denmark housing prices by bedroom type for November 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 decreased by 42.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Denmark, NY
How many homes are available in Denmark, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Denmark real estate market had 10 homes for sale in November 2024, a 16.7% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Denmark 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Denmark, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Denmark in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Denmark, NY
How long does it take to sell a home in Denmark, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 48 Days | -25.0% |
Summary: Homes in Denmark had an average of 48 days on market in Nov 2024, down by 25% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Denmark has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Denmark; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
