$2,077 Closing Credit*
$174,900
1,643 SqFt
4 Beds
•1 Full Bath, 1 Partial
Ciji L VanDyke, Listing Office: RE/MAX On Point
Is Friendship, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Friendship has remained a Seller's Market.
Key Takeaway
Friendship is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Friendship, NY
How much do homes in Friendship, NY cost?
Median Sold Price
$117,500
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+62.1%)
Key Takeaway
Homes in Friendship have sold for 62.1% more than they did a year ago.
Summary: The median home sold price in Friendship was $117,500 in October 2024, up 62.1% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.9K | - | N/A |
| 2 Bedrooms | $74K | $124.5K | +68.2% |
| 3 Bedrooms | $66K | $117.5K | +78.0% |
| 4 Bedrooms | $188.2K | $50.9K | -73.0% |
| 5+ Bedrooms | $193K | $352.5K | +82.6% |
Summary: Friendship 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 68.2%, 3 bedroom homes increased by 78%, 4 bedroom homes decreased by 73%, and 5+ bedroom homes increased by 82.6%.
Housing Supply in Friendship, NY
How many homes are available in Friendship, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Friendship real estate market had 20 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Friendship housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Friendship, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Friendship in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Friendship, NY
How long does it take to sell a home in Friendship, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 60 Days | +500.0% |
Summary: Homes in Friendship had an average of 60 days on market in Oct 2024, up by 500% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Friendship has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Friendship; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
