Is Little Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little Falls is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Little Falls was a Neutral Market.

Key Takeaway

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

Housing Prices in Little Falls, NY

How much do homes in Little Falls, NY cost?

Median Sold Price

$118,850

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$1,520(-1.3%)

Key Takeaway

Homes in Little Falls have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Little Falls was $118,850 in September 2024, down 1.3% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $46.2K$180K
+289.2%
3 $145.7K$117.7K
-19.2%
4 $116.6K$120.2K
+3.1%
5+ $196K$118.7K
-39.4%

Summary: Little Falls housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 289.2%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 39.4%.

Housing Supply in Little Falls, NY

How many homes are available in Little Falls, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
34340.0%

Summary: The Little Falls real estate market had 34 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1312
-7.7%
4 65
-16.7%
5+ 1214
+16.7%

Summary: The Little Falls housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little Falls, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Little Falls in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Little Falls, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
40 Days22 Days-45.5%

Summary: Homes in Little Falls had an average of 22 days on market in Sep 2024, down by 45.5% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During September 2024, 3 homes were sold in Little Falls; 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 29 Days Ago

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