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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duanesburg is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Duanesburg, NY

How much do homes in Duanesburg, NY cost?

Median Sold Price

$324,950

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,950(+8.3%)

Key Takeaway

Homes in Duanesburg have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Duanesburg was $324,950 in November 2024, up 8.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$90K
-35.7%
2 $180.4K$111.2K
-38.3%
3 $312.4K$324.9K
+4.0%
4 $289K$399.9K
+38.4%
5+ $354K$339.9K
-4.0%

Summary: Duanesburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.7%, 2 bedroom homes decreased by 38.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Cities

Delanson
+44.4%
Duanesburg
+8.3%

Housing Supply in Duanesburg, NY

How many homes are available in Duanesburg, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3629-19.4%

Summary: The Duanesburg real estate market had 29 homes for sale in November 2024, a 19.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1610
-37.5%
4 119
-18.2%
5+ 68
+33.3%

Summary: The Duanesburg 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 33.3%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duanesburg, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Duanesburg in November 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Duanesburg, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days20 Days+5.9%

Summary: Homes in Duanesburg had an average of 20 days on market in Nov 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Duanesburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Duanesburg; 71% of homes were sold within 30 days, 29% 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 2 Days Ago

Newest Listings in Duanesburg, NY

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