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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fonda is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Fonda was a Buyer's Market.

Key Takeaway

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

Housing Prices in Fonda, NY

How much do homes in Fonda, NY cost?

Median Sold Price

$194,000

$139/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$35,000(-15.3%)

Key Takeaway

Homes in Fonda have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in Fonda was $194,000 in November 2024, down 15.3% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $229K$194K
-15.3%
4 --
N/A
5+ --
N/A

Summary: Fonda housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Fonda, NY

How many homes are available in Fonda, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The Fonda real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 44
0.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Fonda 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fonda, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Fonda in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fonda, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
24 Days64 Days+166.7%

Summary: Homes in Fonda had an average of 64 days on market in Nov 2024, up by 166.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Fonda are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Fonda; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Fonda, NY

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