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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Fulton, NY

How much do homes in Fulton, NY cost?

Median Sold Price

$170,500

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,900(+18.7%)

Key Takeaway

Homes in Fulton have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in Fulton was $170,500 in November 2024, up 18.7% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $92.7K$210K
+126.4%
2 $130K$153.5K
+18.1%
3 $139K$179.5K
+29.1%
4 $157.5K$156.8K
-0.4%
5+ $129.9K$139K
+7.0%

Summary: Fulton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.4%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 29.1%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 7%.

Housing Supply in Fulton, NY

How many homes are available in Fulton, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7364-12.3%

Summary: The Fulton real estate market had 64 homes for sale in November 2024, a 12.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 77
0.0%
3 3830
-21.1%
4 2019
-5.0%
5+ 77
0.0%

Summary: The Fulton 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 21.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2311-52.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Fulton in November 2024, down by 52.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.

Days on Market for Fulton, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days14 Days-5.0%

Summary: Homes in Fulton had an average of 14 days on market in Nov 2024, down by 5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Fulton; 82% of homes were sold within 30 days, 18% 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 24 Days Ago

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