$3,324 Closing Credit*
$279,900
1,796 SqFt
4 Beds
•2 Full Baths
Jason Fitts, Listing Office: Hunt Real Estate ERA
Is Russia, 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, Russia has remained a Seller's Market.
Key Takeaway
Russia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Russia, NY
How much do homes in Russia, NY cost?
Median Sold Price
$225,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-2.2%)
Key Takeaway
Homes in Russia have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Russia was $225,000 in November 2024, down 2.2% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | $238.5K | +68.0% |
| 3 Bedrooms | $178K | $189.5K | +6.5% |
| 4 Bedrooms | $300K | $230K | -23.3% |
| 5+ Bedrooms | $402.5K | $205K | -49.1% |
Summary: Russia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes decreased by 49.1%.
Median Sold Price Compared To Nearby Cities
| Cold Brook | $198.8K | $206K | +3.6% |
| Russia | $230K | $225K | -2.2% |
Housing Supply in Russia, NY
How many homes are available in Russia, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Russia real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Russia 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Russia, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Russia in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Russia, NY
How long does it take to sell a home in Russia, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 18 Days | -41.0% |
Summary: Homes in Russia had an average of 18 days on market in Nov 2024, down by 41% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Russia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Russia; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
