$2,957 Closing Credit*
$249,000
2,402 SqFt
4 Beds
•2 Full Baths, 1 Partial
Rachele Sutherland, Listing Office: HUNT Real Estate Corporation
Is Olcott, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Olcott has remained a Seller's Market.
Key Takeaway
Olcott is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Olcott, NY
How much do homes in Olcott, NY cost?
Median Sold Price
$200,000
$66/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$250,000(-55.6%)
Key Takeaway
Homes in Olcott have sold for 55.6% less than they did a month ago.
Summary: The median home sold price in Olcott was $200,000 in November 2024, down 55.6% from last month, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $450K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $200K | N/A |
Summary: Olcott housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Burt | $360K | $750K | +108.3% |
| Olcott | $450K | $200K | -55.6% |
Housing Supply in Olcott, NY
How many homes are available in Olcott, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Olcott real estate market had 4 homes for sale in November 2024, a 20.0% decrease 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 | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Olcott 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Olcott, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Olcott in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Olcott, NY
How long does it take to sell a home in Olcott, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 27 Days | +575.0% |
Summary: Homes in Olcott had an average of 27 days on market in Nov 2024, up by 575% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Olcott are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Olcott; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
