$39,000
12.93 Acres
Land
Emily Munson, Dayton King, Listing Office: KW Platform
Is Fort Plain, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fort Plain was a Seller's Market.
Key Takeaway
Fort Plain 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 Fort Plain, NY
How much do homes in Fort Plain, NY cost?
Median Sold Price
$124,531
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$16,319(-11.6%)
Key Takeaway
Homes in Fort Plain have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Fort Plain was $124,531 in November 2024, down 11.6% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $145K | $106.2K | -26.7% |
| 3 Bedrooms | $132.5K | $136.5K | +3.0% |
| 4 Bedrooms | $233K | $112K | -51.9% |
| 5+ Bedrooms | $90K | $132.5K | +47.2% |
Summary: Fort Plain housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 51.9%, and 5+ bedroom homes increased by 47.2%.
Median Sold Price Compared To Nearby Cities
| Fort Plain | $140.8K | $124.5K | -11.6% |
| Minden | $145K | $120K | -17.2% |
Housing Supply in Fort Plain, NY
How many homes are available in Fort Plain, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Fort Plain real estate market had 18 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Fort Plain housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Plain, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Fort Plain in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Fort Plain, NY
How long does it take to sell a home in Fort Plain, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +78.3% |
Summary: Homes in Fort Plain had an average of 39 days on market in Nov 2024, up by 78.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fort Plain has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Fort Plain; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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