$3,443 Closing Credit*
$289,900
1,482 SqFt
3 Beds
•1 Full Bath, 1 Partial
Fermina B Clet, Selena Long, Listing Office: Coldwell Banker Prime Prop
Is Montgomery County, 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, Montgomery County has remained a Seller's Market.
Key Takeaway
Montgomery County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montgomery County, NY
How much do homes in Montgomery County, NY cost?
Median Sold Price
$184,500
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+7.3%)
Key Takeaway
Homes in Montgomery County have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Montgomery County was $184,500 in November 2024, up 7.3% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $85K | -43.3% |
| 2 Bedrooms | $170K | $165K | -2.9% |
| 3 Bedrooms | $195K | $210.6K | +8.0% |
| 4 Bedrooms | $201.2K | $175K | -13.0% |
| 5+ Bedrooms | $125K | $160K | +28.0% |
Summary: Montgomery County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 28%.
Median Sold Price Compared To Nearby Counties
| Schenectady County | $246.1K | $269.3K | +9.4% |
| Fulton County | $155.7K | $169.2K | +8.6% |
| Montgomery County | $172K | $184.5K | +7.3% |
| Schoharie County | $209.9K | $221.3K | +5.4% |
| Herkimer County | $155K | $155K | 0.0% |
Housing Supply in Montgomery County, NY
How many homes are available in Montgomery County, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 228 | 189 | -17.1% |
Summary: The Montgomery County real estate market had 189 homes for sale in November 2024, a 17.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 26 | 21 | -19.2% |
| 3 Bedrooms | 94 | 85 | -9.6% |
| 4 Bedrooms | 64 | 48 | -25.0% |
| 5+ Bedrooms | 41 | 34 | -17.1% |
Summary: The Montgomery County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 17.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 48 | -7.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montgomery County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Montgomery County in November 2024, down by 7.7% month-over-month. Of the 48 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.
Days on Market for Montgomery County, NY
How long does it take to sell a home in Montgomery County, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 32 Days | +15.8% |
Summary: Homes in Montgomery County had an average of 32 days on market in Nov 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montgomery County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 48 homes were sold in Montgomery County; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally 
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Columbia Greene Northern Dutchess Multiple Listing Service. All rights reserved.