$499,900
2,700 SqFt
6 Beds
•2 Full Baths, 2 Partial
Binglin Li, Listing Office: KW Platform
October 2024
Report Updated 12 Days Ago
Is Latham, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Latham has remained a Seller's Market.
How much do homes in Latham, NY cost?
$386,250
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Latham was $386,250 in October 2024, up 4.7% from last year, and the median price per square foot was $229.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225K | $270K | +20.0% |
3 Bedrooms | $353.8K | $375.5K | +6.1% |
4 Bedrooms | $415K | $411.4K | -0.8% |
5+ Bedrooms | $452.5K | $522.5K | +15.5% |
Summary: Latham 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 increased by 20%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 15.5%.
Niskayuna | $358.5K | $386.2K | +7.7% |
Clifton Park | $430K | $453K | +5.3% |
Latham | $368.9K | $386.2K | +4.7% |
Halfmoon | $446.5K | $465K | +4.1% |
How many homes are available in Latham, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
58 | 57 | -1.7% |
Summary: The Latham real estate market had 57 homes for sale in October 2024, a 1.7% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 36 | 33 | -8.3% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Latham 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 decreased by 66.7%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Latham in October 2024, up by 41.7% month-over-month. Of the 17 sold homes, 41% were sold under asking, 6% were sold at asking, and 53% were sold over asking.
How long does it take to sell a home in Latham, NY?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
19 Days | 10 Days | -44.6% |
Summary: Homes in Latham had an average of 10 days on market in Oct 2024, down by 44.6% compared to last year.
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 17 homes were sold in Latham; 94% of homes were sold within 30 days, 6% 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 12 Days Ago
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Based on information from Global MLS for the period 11/01/2022 - 11/01/2024
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 11/12/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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