$4,026 Closing Credit*
$339,000
1,762 SqFt
4 Beds
•1 Full Bath, 1 Partial
Kathleen M O'Neil, Listing Office: Realty ONE Group Empower
Is Randolph, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Randolph was a Neutral Market.
Key Takeaway
Randolph is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Randolph, NY
How much do homes in Randolph, NY cost?
Median Sold Price
$138,500
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,500(+13.5%)
Key Takeaway
Homes in Randolph have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Randolph was $138,500 in October 2024, up 13.5% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $124K | $129.4K | +4.4% |
| 3 Bedrooms | $71.2K | $150.7K | +111.6% |
| 4 Bedrooms | $200K | $131K | -34.5% |
| 5+ Bedrooms | $57.2K | $82.5K | +44.1% |
Summary: Randolph 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 increased by 4.4%, 3 bedroom homes increased by 111.6%, 4 bedroom homes decreased by 34.5%, and 5+ bedroom homes increased by 44.1%.
Housing Supply in Randolph, NY
How many homes are available in Randolph, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Randolph real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Randolph 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 decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Randolph, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Randolph in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Randolph, NY
How long does it take to sell a home in Randolph, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 8 Days | -3.7% |
Summary: Homes in Randolph had an average of 8 days on market in Oct 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Randolph are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Randolph; 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.
