Is Fort Ann, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Ann is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Fort Ann, NY

How much do homes in Fort Ann, NY cost?

Median Sold Price

$249,500

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+6.4%)

Key Takeaway

Homes in Fort Ann have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Fort Ann was $249,500 in October 2024, up 6.4% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140K$115K
-17.9%
2 $160K$258.2K
+61.4%
3 $234.7K$264.5K
+12.7%
4 $297.5K$132.5K
-55.5%
5+ $329K-
N/A

Summary: Fort Ann housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.9%, 2 bedroom homes increased by 61.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 55.5%, and 5+ bedroom homes did not change.

Housing Supply in Fort Ann, NY

How many homes are available in Fort Ann, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1619+18.8%

Summary: The Fort Ann real estate market had 19 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 48
+100.0%
4 65
-16.7%
5+ 31
-66.7%

Summary: The Fort Ann 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 increased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Ann, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Fort Ann in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Fort Ann, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days14 Days+241.5%

Summary: Homes in Fort Ann had an average of 14 days on market in Oct 2024, up by 241.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Fort Ann; 80% of homes were sold within 30 days, 20% 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 20 Days Ago

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