$110,000
40.00 Acres
Land
Julie Lyndaker Robinson, Listing Office: Crown Jules Realty
Is New Bremen, 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, New Bremen has remained a Seller's Market.
Key Takeaway
New Bremen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Bremen, NY
How much do homes in New Bremen, NY cost?
Median Sold Price
$172,500
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,750(+2.8%)
Key Takeaway
Homes in New Bremen have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in New Bremen was $172,500 in October 2024, up 2.8% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $19K | N/A |
| 2 Bedrooms | $124.7K | $215K | +72.4% |
| 3 Bedrooms | $175K | $190K | +8.6% |
| 4 Bedrooms | $168.5K | $194.5K | +15.4% |
| 5+ Bedrooms | $151K | $115K | -23.8% |
Summary: New Bremen 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 72.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 23.8%.
Housing Supply in New Bremen, NY
How many homes are available in New Bremen, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The New Bremen real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The New Bremen housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Bremen, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in New Bremen in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Bremen, NY
How long does it take to sell a home in New Bremen, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 52 Days | +95.0% |
Summary: Homes in New Bremen had an average of 52 days on market in Oct 2024, up by 95% compared to last year.
Breakdown of Home Sale Times
0 Homes Were 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 New Bremen has remained consistent over time.
Summary: During October 2024, 2 homes were sold in New Bremen; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
