$2,018 Closing Credit*
$169,900
1,924 SqFt
4 Beds
•2 Full Baths
Jesse Lapp, Listing Office: Wine Trail Properties, LLC
Is Dresden, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Dresden has remained a Seller's Market.
Key Takeaway
Dresden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dresden, NY
How much do homes in Dresden, NY cost?
Median Sold Price
$150,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+2.0%)
Key Takeaway
Homes in Dresden have sold for 2% more than they did a year ago.
Summary: The median home sold price in Dresden was $150,000 in October 2024, up 2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $349.9K | $148.2K | -57.6% |
| 2 Bedrooms | $165K | $140K | -15.2% |
| 3 Bedrooms | $120.1K | $545K | +353.5% |
| 4 Bedrooms | $2.0M | - | N/A |
| 5+ Bedrooms | - | $1.3M | N/A |
Summary: Dresden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 353.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Dresden, NY
How many homes are available in Dresden, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Dresden real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Dresden 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dresden, 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 Dresden in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Dresden, NY
How long does it take to sell a home in Dresden, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 121 Days | 9 Days | -92.1% |
Summary: Homes in Dresden had an average of 9 days on market in Oct 2024, down by 92.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dresden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Dresden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.