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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgerton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Edgerton, NY

How much do homes in Edgerton, NY cost?

Median Sold Price

$84,497

$41/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,497(+30.0%)

Key Takeaway

Homes in Edgerton have sold for 30% more than they did a year ago.

Summary: The median home sold price in Edgerton was $84,497 in November 2024, up 30% from last year, and the median price per square foot was $41.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$865
N/A
2 $31K$55K
+77.4%
3 $59.3K$75K
+26.4%
4 $75K$100K
+33.3%
5+ $75.5K$84.9K
+12.6%

Summary: Edgerton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 77.4%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Neighborhoods

Edgerton
+30.0%
Upper Falls
+18.0%
Maplewood
+7.1%

Housing Supply in Edgerton, NY

How many homes are available in Edgerton, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3531-11.4%

Summary: The Edgerton real estate market had 31 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 88
0.0%
4 1110
-9.1%
5+ 1513
-13.3%

Summary: The Edgerton 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were 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 Edgerton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Edgerton in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Edgerton, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days43 Days-19.5%

Summary: Homes in Edgerton had an average of 43 days on market in Nov 2024, down by 19.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Edgerton; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

Newest Listings in Edgerton, NY

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