$202,500
81.88 Acres
Land
Matthew Loder, Listing Office: Country Boy Realty
Is Schoharie, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Schoharie was a Buyer's Market.
Key Takeaway
Schoharie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Schoharie, NY
How much do homes in Schoharie, NY cost?
Median Sold Price
$250,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,300(-9.2%)
Key Takeaway
Homes in Schoharie have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Schoharie was $250,000 in November 2024, down 9.2% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.5K | $335K | +135.1% |
| 3 Bedrooms | $275K | $224.5K | -18.4% |
| 4 Bedrooms | $290K | $232.5K | -19.8% |
| 5+ Bedrooms | $388.7K | $250K | -35.7% |
Summary: Schoharie 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 135.1%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 35.7%.
Housing Supply in Schoharie, NY
How many homes are available in Schoharie, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Summary: The Schoharie real estate market had 14 homes for sale in November 2024, a 30.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Schoharie 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 remained the same, 3 bedroom homes decreased by 44.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Schoharie, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Schoharie in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Schoharie, NY
How long does it take to sell a home in Schoharie, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 27 Days | +575.0% |
Summary: Homes in Schoharie had an average of 27 days on market in Nov 2024, up by 575% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Schoharie are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Schoharie; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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