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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deposit is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Deposit was a Neutral Market.

Key Takeaway

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

Housing Prices in Deposit, NY

How much do homes in Deposit, NY cost?

Median Sold Price

$215,000

$204/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$95,540(+80.0%)

Key Takeaway

Homes in Deposit have sold for 80% more than they did a month ago.

Summary: The median home sold price in Deposit was $215,000 in October 2024, up 80% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$215K
+26.5%
4 $68.9K-
N/A
5+ --
N/A

Summary: Deposit 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 increased by 26.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Deposit
+80.0%
Deposit
+43.3%
Sanford
+34.4%

Housing Supply in Deposit, NY

How many homes are available in Deposit, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Deposit real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 98
-11.1%
4 10
-100.0%
5+ 11
0.0%

Summary: The Deposit 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 11.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deposit, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Deposit in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Deposit, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
60 Days38 Days-37.2%

Summary: Homes in Deposit had an average of 38 days on market in Oct 2024, down by 37.2% 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 Deposit are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Deposit; 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 21 Days Ago

Newest Listings in Deposit, NY

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