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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sardinia is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Sardinia has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sardinia, NY

How much do homes in Sardinia, NY cost?

Median Sold Price

$217,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+4.8%)

Key Takeaway

Homes in Sardinia have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Sardinia was $217,500 in October 2024, up 4.8% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$351K
N/A
2 $201K$171.1K
-14.9%
3 $195K$202.5K
+3.8%
4 $187.5K$320K
+70.7%
5+ $325K-
N/A

Summary: Sardinia 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 decreased by 14.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 70.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Yorkshire
+13.2%
Sardinia
+4.8%
Chaffee
-12.3%

Housing Supply in Sardinia, NY

How many homes are available in Sardinia, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The Sardinia real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 52
-60.0%
4 55
0.0%
5+ 11
0.0%

Summary: The Sardinia 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 increased by 100%, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sardinia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sardinia in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sardinia, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days48 Days+147.9%

Summary: Homes in Sardinia had an average of 48 days on market in Oct 2024, up by 147.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Sardinia; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Sardinia, NY

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