$356 Closing Credit*
$30,000
1,143 SqFt
2 Beds
•1 Full Bath
Wayne Weaver, Listing Office: Real Estate Advantage
Is Forestville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Forestville was a Seller's Market.
Key Takeaway
Forestville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Forestville, NY
How much do homes in Forestville, NY cost?
Median Sold Price
$148,700
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,300(-7.1%)
Key Takeaway
Homes in Forestville have sold for 7.1% less than they did a year ago.
Summary: The median home sold price in Forestville was $148,700 in October 2024, down 7.1% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $143K | $186.5K | +30.4% |
| 3 Bedrooms | $159K | $149K | -6.3% |
| 4 Bedrooms | $319K | $150K | -53.0% |
| 5+ Bedrooms | $119.9K | $138.7K | +15.6% |
Summary: Forestville 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 30.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 53%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
| Hanover | $158K | $172K | +8.9% |
| Forestville | $160K | $148.7K | -7.1% |
Housing Supply in Forestville, NY
How many homes are available in Forestville, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Forestville real estate market had 12 homes for sale in October 2024, a 33.3% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Forestville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +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
Key Takeaway
If you're buying a home in Forestville, 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 Forestville in October 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 Forestville, NY
How long does it take to sell a home in Forestville, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 24 Days | -19.3% |
Summary: Homes in Forestville had an average of 24 days on market in Oct 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Forestville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Forestville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
