$5,926 Closing Credit*
$499,000
2,124 SqFt
4 Beds
•2 Full Baths
Cher A. Brundage CRS, Listing Office: Keller Williams Upstate NY Properties
Is Deposit, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Deposit has remained a Seller's 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
+$65,000(+43.3%)
Key Takeaway
Homes in Deposit have sold for 43.3% more than they did a month ago.
Summary: The median home sold price in Deposit was $215,000 in October 2024, up 43.3% from last month, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $160K | $215K | +34.4% |
| 4 Bedrooms | $68.9K | - | N/A |
| 5+ Bedrooms | - | - | 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 34.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tompkins | $65.9K | $229K | +247.5% |
| Deposit | $119.4K | $215K | +80.0% |
| Deposit | $150K | $215K | +43.3% |
| Sanford | $160K | $215K | +34.4% |
Housing Supply in Deposit, NY
How many homes are available in Deposit, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Deposit real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 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 10%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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, down by 33.3% month-over-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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 38 Days | -33.3% |
Summary: Homes in Deposit had an average of 38 days on market in Oct 2024, down by 33.3% 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
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.
