$6,519 Closing Credit*
$549,000
1,848 SqFt
3 Beds
•2 Full Baths
Natalie Roth, Listing Office: Benn Realty LLC
Is Forestport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Forestport was a Buyer's Market.
Key Takeaway
Forestport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forestport, NY
How much do homes in Forestport, NY cost?
Median Sold Price
$245,000
$243/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$87,500(+55.6%)
Key Takeaway
Homes in Forestport have sold for 55.6% more than they did a month ago.
Summary: The median home sold price in Forestport was $245,000 in October 2024, up 55.6% from last month, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $63K | -74.8% |
| 2 Bedrooms | - | $245K | N/A |
| 3 Bedrooms | $65K | $525K | +707.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Forestport housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 74.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 707.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ohio | $305K | $525K | +72.1% |
| Forestport | $157.5K | $245K | +55.6% |
Housing Supply in Forestport, NY
How many homes are available in Forestport, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Forestport real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forestport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forestport, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Forestport in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forestport, NY
How long does it take to sell a home in Forestport, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 104 Days | +158.6% |
Summary: Homes in Forestport had an average of 104 days on market in Oct 2024, up by 158.6% compared to last month.
Breakdown of Home Sale Times
3 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 Forestport are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Forestport; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
