$129,900
23.10 Acres
Land
Girard Kelly, Listing Office: Landquest Inc.
Is Friendship, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Friendship has remained a Buyer's Market.
Key Takeaway
Friendship is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Friendship, NY
How much do homes in Friendship, NY cost?
Median Sold Price
$122,250
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,750(+68.6%)
Key Takeaway
Homes in Friendship have sold for 68.6% more than they did a year ago.
Summary: The median home sold price in Friendship was $122,250 in November 2024, up 68.6% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.5K | - | N/A |
| 2 Bedrooms | $74K | $124.5K | +68.2% |
| 3 Bedrooms | $66K | $120K | +81.8% |
| 4 Bedrooms | $188.2K | $225.4K | +19.7% |
| 5+ Bedrooms | $193K | $352.5K | +82.6% |
Summary: Friendship 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 increased by 68.2%, 3 bedroom homes increased by 81.8%, 4 bedroom homes increased by 19.7%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Summary: The Friendship real estate market had 13 homes for sale in November 2024, a 31.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 2 | -66.7% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Friendship 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Friendship, 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 Friendship in November 2024, down by 75.0% month-over-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 Friendship, NY
How long does it take to sell a home in Friendship, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 47 Days | -27.7% |
Summary: Homes in Friendship had an average of 47 days on market in Nov 2024, down by 27.7% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Friendship has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Friendship; 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.
