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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sangerfield is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sangerfield was a Neutral Market.

Key Takeaway

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

Housing Prices in Sangerfield, NY

How much do homes in Sangerfield, NY cost?

Median Sold Price

$178,500

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,250(-3.4%)

Key Takeaway

Homes in Sangerfield have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Sangerfield was $178,500 in October 2024, down 3.4% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $129K$150.2K
+16.5%
2 $183K-
N/A
3 $162.2K$190.5K
+17.4%
4 $238.7K$197.9K
-17.1%
5+ $215K$160K
-25.6%

Summary: Sangerfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 25.6%.

Median Sold Price Compared To Nearby Cities

Sangerfield
-3.4%
Waterville
-8.5%

Housing Supply in Sangerfield, NY

How many homes are available in Sangerfield, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The Sangerfield real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 33
0.0%
4 12
+100.0%
5+ 23
+50.0%

Summary: The Sangerfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sangerfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sangerfield in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Sangerfield, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days66 Days+30.4%

Summary: Homes in Sangerfield had an average of 66 days on market in Oct 2024, up by 30.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Sangerfield; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Sangerfield, NY

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