Is Fulton County, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton County is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Fulton County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fulton County, NY

How much do homes in Fulton County, NY cost?

Median Sold Price

$173,085

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$13,005(+8.1%)

Key Takeaway

Homes in Fulton County have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Fulton County was $173,085 in December 2024, up 8.1% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $130.5K$165K
+26.4%
2 $135K$165K
+22.2%
3 $185K$185.1K
0.1%
4 $167.9K$165K
-1.8%
5+ $127.6K$148.4K
+16.3%

Summary: Fulton County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.4%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Counties

Fulton County
+8.1%
Montgomery County
+7.9%
Saratoga County
+5.0%
Herkimer County
-0.3%
Hamilton County
-3.1%

Housing Supply in Fulton County, NY

How many homes are available in Fulton County, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
229171-25.3%

Summary: The Fulton County real estate market had 171 homes for sale in December 2024, a 25.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 43
-25.0%
2 3122
-29.0%
3 8568
-20.0%
4 7353
-27.4%
5+ 3625
-30.6%

Summary: The Fulton County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 29%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 27.4%, and 5+ bedroom homes decreased by 30.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5144-13.7%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Fulton County in December 2024, down by 13.7% month-over-month. Of the 44 sold homes, 55% were sold under asking, 16% were sold at asking, and 30% were sold over asking.

Days on Market for Fulton County, NY

How long does it take to sell a home in Fulton County, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days41 Days+8.5%

Summary: Homes in Fulton County had an average of 41 days on market in Dec 2024, up by 8.5% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 44 homes were sold in Fulton County; 61% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 16% 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 2 Days Ago

Newest Listings in Fulton County, NY

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