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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jordan is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Jordan, NY

How much do homes in Jordan, NY cost?

Median Sold Price

$185,200

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,600(+4.3%)

Key Takeaway

Homes in Jordan have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Jordan was $185,200 in October 2024, up 4.3% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $120.9K$87.5K
-27.7%
3 $175K$166.5K
-4.9%
4 $206.5K$279.5K
+35.4%
5+ $430K$341.5K
-20.6%

Summary: Jordan 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 decreased by 27.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes decreased by 20.6%.

Housing Supply in Jordan, NY

How many homes are available in Jordan, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1417+21.4%

Summary: The Jordan real estate market had 17 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 77
0.0%
4 24
+100.0%
5+ 00
0.0%

Summary: The Jordan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jordan, 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 Jordan in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Jordan, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days8 Days-55.6%

Summary: Homes in Jordan had an average of 8 days on market in Oct 2024, down by 55.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Jordan; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

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