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 October 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

$161,500

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,500(+11.4%)

Key Takeaway

Homes in Fulton have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Fulton was $161,500 in October 2024, up 11.4% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $92.7K$210K
+126.4%
2 $138.2K$136.5K
-1.3%
3 $137.2K$179.5K
+30.8%
4 $159K$155K
-2.5%
5+ $142.4K$139K
-2.4%

Summary: Fulton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.4%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Fulton
+11.4%
Broome
-8.0%

Housing Supply in Fulton, NY

How many homes are available in Fulton, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7762-19.5%

Summary: The Fulton real estate market had 62 homes for sale in October 2024, a 19.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 106
-40.0%
3 3931
-20.5%
4 2218
-18.2%
5+ 66
0.0%

Summary: The Fulton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Fulton in October 2024, down by 5.0% month-over-month. Of the 19 sold homes, 21% were sold under asking, 5% were sold at asking, and 74% 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

Oct 2023Oct 2024CHANGE
15 Days11 Days-29.8%

Summary: Homes in Fulton had an average of 11 days on market in Oct 2024, down by 29.8% compared to last year.

Breakdown of Home Sale Times

17 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 October 2024, 19 homes were sold in Fulton; 89% of homes were sold within 30 days, 11% 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 23 Days Ago

Newest Listings in Fulton, NY

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