$199,900
2,233 SqFt
4 Beds
•1 Full Bath, 1 Partial
James Perniciaro, Listing Office: Heer Realty, Inc.
October 2024
Report Updated 4 Days Ago
Is Rensselaer County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rensselaer County has remained a Seller's Market.
How much do homes in Rensselaer County, NY cost?
$268,744
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Rensselaer County was $268,744 in October 2024, up 7.5% from last year, and the median price per square foot was $173.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $135.2K | 0.2% |
2 Bedrooms | $205K | $221.9K | +8.2% |
3 Bedrooms | $265K | $275.1K | +3.8% |
4 Bedrooms | $282K | $321.8K | +14.1% |
5+ Bedrooms | $230K | $265K | +15.2% |
Summary: Rensselaer County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 15.2%.
Albany County | $280K | $304.1K | +8.6% |
Rensselaer County | $249.9K | $268.7K | +7.5% |
Saratoga County | $401.2K | $424.8K | +5.9% |
Columbia County | $450K | $455K | +1.1% |
How many homes are available in Rensselaer County, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
604 | 562 | -7.0% |
Summary: The Rensselaer County real estate market had 562 homes for sale in October 2024, a 7.0% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 72 | 62 | -13.9% |
3 Bedrooms | 244 | 218 | -10.7% |
4 Bedrooms | 146 | 138 | -5.5% |
5+ Bedrooms | 138 | 140 | +1.4% |
Summary: The Rensselaer County 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 decreased by 13.9%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 1.4%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
106 | 140 | +32.1% |
57 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 140 homes were sold or pending in Rensselaer County in October 2024, up by 32.1% month-over-month. Of the 140 sold homes, 41% were sold under asking, 13% were sold at asking, and 46% were sold over asking.
How long does it take to sell a home in Rensselaer County, NY?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
28 Days | 29 Days | +3.0% |
Summary: Homes in Rensselaer County had an average of 29 days on market in Oct 2024, up by 3% compared to last year.
105 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During October 2024, 140 homes were sold in Rensselaer County; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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