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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Montgomery is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Fort Montgomery has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fort Montgomery, NY

How much do homes in Fort Montgomery, NY cost?

Median Sold Price

$450,000

$216/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$60,000(+15.4%)

Key Takeaway

Homes in Fort Montgomery have sold for 15.4% more than they did a month ago.

Summary: The median home sold price in Fort Montgomery was $450,000 in November 2024, up 15.4% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $390K$450K
+15.4%
4 --
N/A
5+ --
N/A

Summary: Fort Montgomery 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 increased by 15.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Fort Montgomery, NY

How many homes are available in Fort Montgomery, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The Fort Montgomery real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Fort Montgomery 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Fort Montgomery, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Fort Montgomery in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fort Montgomery, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days74 Days+21.3%

Summary: Homes in Fort Montgomery had an average of 74 days on market in Nov 2024, up by 21.3% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Fort Montgomery has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Fort Montgomery; 0% of homes were sold within 30 days, 100% 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 10 Days Ago

Newest Listings in Fort Montgomery, NY

Nearby Markets to Fort Montgomery, NY

What housing markets are near Fort Montgomery, NY?