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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schodack is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Schodack, NY

How much do homes in Schodack, NY cost?

Median Sold Price

$338,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,600(+2.9%)

Key Takeaway

Homes in Schodack have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Schodack was $338,500 in November 2024, up 2.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$137.2K
N/A
2 $191.5K$159K
-17.0%
3 $300K$325K
+8.3%
4 $395K$405K
+2.5%
5+ $409K$412.5K
+0.9%

Summary: Schodack 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 decreased by 17%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Schodack
+2.9%
Nassau
+2.0%

Housing Supply in Schodack, NY

How many homes are available in Schodack, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5247-9.6%

Summary: The Schodack real estate market had 47 homes for sale in November 2024, a 9.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1817
-5.6%
4 1917
-10.5%
5+ 109
-10.0%

Summary: The Schodack 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 20%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schodack, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Schodack in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.

Days on Market for Schodack, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days12 Days-22.6%

Summary: Homes in Schodack had an average of 12 days on market in Nov 2024, down by 22.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Schodack; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Schodack, NY

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