$3,443 Closing Credit*
$289,900
1,440 SqFt
3 Beds
•1 Full Bath, 1 Partial
Brenda L Malone, Listing Office: Homes Realty of Northern New York
Is Lowville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lowville has remained a Seller's Market.
Key Takeaway
Lowville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lowville, NY
How much do homes in Lowville, NY cost?
Median Sold Price
$180,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,500(+15.8%)
Key Takeaway
Homes in Lowville have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Lowville was $180,000 in November 2024, up 15.8% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $190K | +192.3% |
| 2 Bedrooms | $80K | $135K | +68.8% |
| 3 Bedrooms | $170.7K | $162K | -5.1% |
| 4 Bedrooms | $153.9K | $209K | +35.7% |
| 5+ Bedrooms | $190K | $298K | +56.8% |
Summary: Lowville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 192.3%, 2 bedroom homes increased by 68.8%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 56.8%.
Housing Supply in Lowville, NY
How many homes are available in Lowville, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The Lowville real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lowville 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 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lowville, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Lowville in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Lowville, NY
How long does it take to sell a home in Lowville, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 59 Days | +33.5% |
Summary: Homes in Lowville had an average of 59 days on market in Nov 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lowville has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Lowville; 0% of homes were sold within 30 days, 86% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
