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 December 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

$340,666

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$24,333(-6.7%)

Key Takeaway

Homes in Queensbury have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Queensbury was $340,666 in December 2024, down 6.7% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $62.5K$163.4K
+161.5%
2 $240K$250K
+4.2%
3 $352.5K$335.2K
-4.9%
4 $436.5K$470K
+7.7%
5+ $505K$435K
-13.9%

Summary: Queensbury housing prices by bedroom type for December 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 4.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 13.9%.

Median Sold Price Compared To Nearby Cities

Kingsbury
+17.6%
Glens Falls
+12.7%
Queensbury
-6.7%

Housing Supply in Queensbury, NY

How many homes are available in Queensbury, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10670-34.0%

Summary: The Queensbury real estate market had 70 homes for sale in December 2024, a 34.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1616
0.0%
3 4825
-47.9%
4 3723
-37.8%
5+ 45
+25.0%

Summary: The Queensbury housing inventory by bedroom type for December 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 47.9%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3419-44.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 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. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Queensbury in December 2024, down by 44.1% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% 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

Dec 2023Dec 2024CHANGE
17 Days39 Days+119.9%

Summary: Homes in Queensbury had an average of 39 days on market in Dec 2024, up by 119.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 December 2024, 19 homes were sold in Queensbury; 79% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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 4 Days Ago

Newest Listings in Queensbury, NY

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