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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Knox was a Seller's Market.

Key Takeaway

Knox is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Knox, NY

How much do homes in Knox, NY cost?

Median Sold Price

$291,875

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,625(-13.5%)

Key Takeaway

Homes in Knox have sold for 13.5% less than they did a year ago.

Summary: The median home sold price in Knox was $291,875 in November 2024, down 13.5% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $165K$375K
+127.3%
3 $355.2K$303.3K
-14.6%
4 $336.2K$285K
-15.2%
5+ $435K$210K
-51.7%

Summary: Knox housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 127.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 51.7%.

Median Sold Price Compared To Nearby Cities

Guilderland
+14.7%
Berne
-4.5%
Knox
-13.5%

Housing Supply in Knox, NY

How many homes are available in Knox, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Knox real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 64
-33.3%
4 00
0.0%
5+ 33
0.0%

Summary: The Knox 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knox, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Knox in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Knox, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days48 Days+57.4%

Summary: Homes in Knox had an average of 48 days on market in Nov 2024, up by 57.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Knox has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Knox; 0% of homes were sold within 30 days, 100% 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 26 Days Ago

Newest Listings in Knox, NY

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