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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kaisertown is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kaisertown, NY

How much do homes in Kaisertown, NY cost?

Median Sold Price

$170,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,000(+22.3%)

Key Takeaway

Homes in Kaisertown have sold for 22.3% more than they did a year ago.

Summary: The median home sold price in Kaisertown was $170,000 in October 2024, up 22.3% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $174K$121K
-30.5%
3 $155K$174K
+12.3%
4 $92.5K$166.5K
+80.0%
5+ $157.7K$160K
+1.4%

Summary: Kaisertown 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 30.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

Kaisertown
+22.3%
Lovejoy
0.0%
Seneca
-10.1%

Housing Supply in Kaisertown, NY

How many homes are available in Kaisertown, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3024-20.0%

Summary: The Kaisertown real estate market had 24 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 79
+28.6%
4 107
-30.0%
5+ 105
-50.0%

Summary: The Kaisertown 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kaisertown, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Kaisertown in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Kaisertown, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days19 Days+135.4%

Summary: Homes in Kaisertown had an average of 19 days on market in Oct 2024, up by 135.4% compared to last year.

Breakdown of Home Sale Times

4 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 Kaisertown are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Kaisertown; 67% of homes were sold within 30 days, 33% 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

Newest Listings in Kaisertown, NY

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