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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fonda is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Fonda was a Neutral Market.

Key Takeaway

Fonda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fonda, NY

How much do homes in Fonda, NY cost?

Median Sold Price

$193,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$22,000(-10.2%)

Key Takeaway

Homes in Fonda have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in Fonda was $193,000 in December 2024, down 10.2% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $239.9K-
N/A
2 $203K-
N/A
3 $196K$194K
-1.0%
4 $283K$185K
-34.6%
5+ -$182.5K
N/A

Summary: Fonda 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 did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 34.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fonda
-10.2%
Mohawk
-11.2%

Housing Supply in Fonda, NY

How many homes are available in Fonda, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1210-16.7%

Summary: The Fonda real estate market had 10 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 55
0.0%
5+ 21
-50.0%

Summary: The Fonda 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fonda, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Fonda in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Fonda, NY

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Fonda; 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.

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 Fonda, NY

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