Is Pamelia, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pamelia is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pamelia was a Buyer's Market.

Key Takeaway

Pamelia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pamelia, NY

How much do homes in Pamelia, NY cost?

Median Sold Price

$299,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,250(+13.4%)

Key Takeaway

Homes in Pamelia have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Pamelia was $299,000 in October 2024, up 13.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $32K-
N/A
2 $180.9K-
N/A
3 $262.5K$260K
-1.0%
4 $279K$320K
+14.7%
5+ $323.3K$375.7K
+16.2%

Summary: Pamelia 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 did not change, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Cities

Pamelia
+13.4%
Le Ray
+13.2%
Watertown
+3.3%

Housing Supply in Pamelia, NY

How many homes are available in Pamelia, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13130.0%

Summary: The Pamelia real estate market had 13 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 54
-20.0%
5+ 22
0.0%

Summary: The Pamelia housing inventory by bedroom type for October 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 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pamelia, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Pamelia in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Pamelia, NY

How long does it take to sell a home in Pamelia, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days3 Days-88.3%

Summary: Homes in Pamelia had an average of 3 days on market in Oct 2024, down by 88.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pamelia are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Pamelia; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Pamelia, NY

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