$701 Closing Credit*
$59,000
1,803 SqFt
5 Beds
•2 Full Baths
Laurie L Weingart, Listing Office: Krutz Properties, LLC
Is Minden, 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, Minden has remained a Seller's Market.
Key Takeaway
Minden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minden, NY
How much do homes in Minden, NY cost?
Median Sold Price
$120,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-17.2%)
Key Takeaway
Homes in Minden have sold for 17.2% less than they did a year ago.
Summary: The median home sold price in Minden was $120,000 in November 2024, down 17.2% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $92.5K | -36.2% |
| 3 Bedrooms | $130K | $131K | +0.8% |
| 4 Bedrooms | $239K | $112K | -53.1% |
| 5+ Bedrooms | $152.5K | $132.5K | -13.1% |
Summary: Minden 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 decreased by 36.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 53.1%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Fort Plain | $140.8K | $124.5K | -11.6% |
| Minden | $145K | $120K | -17.2% |
Housing Supply in Minden, NY
How many homes are available in Minden, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The Minden real estate market had 17 homes for sale in November 2024, a 41.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Minden 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Minden, 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 Minden in November 2024, up by 100.0% 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 Minden, NY
How long does it take to sell a home in Minden, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +78.3% |
Summary: Homes in Minden had an average of 39 days on market in Nov 2024, up by 78.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Minden has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Minden; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.