$2,196 Closing Credit*
$184,900
1,736 SqFt
4 Beds
•3 Full Baths
Mary C. St. George, Listing Office: Real Broker NY LLC
Is Dundee, 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, Dundee has remained a Seller's Market.
Key Takeaway
Dundee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dundee, NY
How much do homes in Dundee, NY cost?
Median Sold Price
$355,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,500(+11.8%)
Key Takeaway
Homes in Dundee have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Dundee was $355,000 in October 2024, up 11.8% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $355K | $430K | +21.1% |
| 3 Bedrooms | $305K | $551.4K | +80.8% |
| 4 Bedrooms | $257.5K | $175K | -32.0% |
| 5+ Bedrooms | $167.5K | $137K | -18.2% |
Summary: Dundee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 80.8%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes decreased by 18.2%.
Housing Supply in Dundee, NY
How many homes are available in Dundee, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Dundee real estate market had 20 homes for sale in October 2024, a 13.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Dundee 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 decreased by 28.6%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dundee, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Dundee in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Dundee, NY
How long does it take to sell a home in Dundee, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 24 Days | +98.4% |
Summary: Homes in Dundee had an average of 24 days on market in Oct 2024, up by 98.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dundee are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Dundee; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.