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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duanesburg is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Duanesburg was a Seller's Market.

Key Takeaway

Duanesburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Duanesburg, NY

How much do homes in Duanesburg, NY cost?

Median Sold Price

$343,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$54,000(+18.7%)

Key Takeaway

Homes in Duanesburg have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in Duanesburg was $343,000 in December 2024, up 18.7% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $115K-
N/A
2 $191K$111.2K
-41.8%
3 $294.5K$325K
+10.4%
4 $289K$399.9K
+38.4%
5+ $414K$447.5K
+8.1%

Summary: Duanesburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Delanson
+30.7%
Duanesburg
+18.7%

Housing Supply in Duanesburg, NY

How many homes are available in Duanesburg, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2919-34.5%

Summary: The Duanesburg real estate market had 19 homes for sale in December 2024, a 34.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 105
-50.0%
4 85
-37.5%
5+ 97
-22.2%

Summary: The Duanesburg housing inventory by bedroom type for December 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 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Duanesburg in December 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Dec 2023Dec 2024CHANGE
21 Days75 Days+246.8%

Summary: Homes in Duanesburg had an average of 75 days on market in Dec 2024, up by 246.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 3 homes were sold in Duanesburg; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Duanesburg, NY

Nearby Markets to Duanesburg, NY