$58,000
5.01 Acres
Land
Jessica Luppino, Listing Office: Keuka Lake & Land Realty
Is Prattsburgh, 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, Prattsburgh has remained a Seller's Market.
Key Takeaway
Prattsburgh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Prattsburgh, NY
How much do homes in Prattsburgh, NY cost?
Median Sold Price
$242,450
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,450(+15.5%)
Key Takeaway
Homes in Prattsburgh have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Prattsburgh was $242,450 in November 2024, up 15.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $145K | +38.1% |
| 2 Bedrooms | $195K | $227.4K | +16.6% |
| 3 Bedrooms | $210K | $319.5K | +52.1% |
| 4 Bedrooms | $260K | $386K | +48.5% |
| 5+ Bedrooms | - | $375K | N/A |
Summary: Prattsburgh housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.1%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 52.1%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jerusalem | $330K | $455K | +37.9% |
| Prattsburgh | $210K | $242.4K | +15.5% |
Housing Supply in Prattsburgh, NY
How many homes are available in Prattsburgh, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Prattsburgh real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Prattsburgh 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Prattsburgh, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Prattsburgh in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Prattsburgh, NY
How long does it take to sell a home in Prattsburgh, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 48 Days | +386.0% |
Summary: Homes in Prattsburgh had an average of 48 days on market in Nov 2024, up by 386% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Prattsburgh are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Prattsburgh; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.