Is La Fargeville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Fargeville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, La Fargeville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in La Fargeville, NY

How much do homes in La Fargeville, NY cost?

Median Sold Price

$279,900

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$97,900(+53.8%)

Key Takeaway

Homes in La Fargeville have sold for 53.8% more than they did a month ago.

Summary: The median home sold price in La Fargeville was $279,900 in November 2024, up 53.8% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $270K-
N/A
3 -$279.9K
N/A
4 --
N/A
5+ $94K-
N/A

Summary: La Fargeville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in La Fargeville, NY

How many homes are available in La Fargeville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
85-37.5%

Summary: The La Fargeville real estate market had 5 homes for sale in November 2024, a 37.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 42
-50.0%
4 12
+100.0%
5+ 21
-50.0%

Summary: The La Fargeville 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Fargeville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in La Fargeville in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for La Fargeville, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
28 Days17 Days-39.3%

Summary: Homes in La Fargeville had an average of 17 days on market in Nov 2024, down by 39.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 La Fargeville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in La Fargeville; 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 22 Days Ago

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