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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Queensbury is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Queensbury has remained a Seller's Market.

Key Takeaway

Queensbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Queensbury, NY

How much do homes in Queensbury, NY cost?

Median Sold Price

$351,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,500(-3.2%)

Key Takeaway

Homes in Queensbury have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Queensbury was $351,000 in November 2024, down 3.2% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $62.5K$163.4K
+161.5%
2 $240K$250K
+4.2%
3 $350K$339.5K
-3.0%
4 $450K$460K
+2.2%
5+ $525K$435K
-17.1%

Summary: Queensbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 161.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 17.1%.

Median Sold Price Compared To Nearby Cities

Kingsbury
+14.3%
Glens Falls
+13.1%
Queensbury
-3.2%

Housing Supply in Queensbury, NY

How many homes are available in Queensbury, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11092-16.4%

Summary: The Queensbury real estate market had 92 homes for sale in November 2024, a 16.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1514
-6.7%
3 4943
-12.2%
4 3930
-23.1%
5+ 64
-33.3%

Summary: The Queensbury 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 decreased by 6.7%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2230+36.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Queensbury, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Queensbury in November 2024, up by 36.4% month-over-month. Of the 30 sold homes, 57% were sold under asking, 7% were sold at asking, and 37% were sold over asking.

Days on Market for Queensbury, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days23 Days-3.2%

Summary: Homes in Queensbury had an average of 23 days on market in Nov 2024, down by 3.2% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 30 homes were sold in Queensbury; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% 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 2 Days Ago

Newest Listings in Queensbury, NY

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