$4,155 Closing Credit*
$349,900
1,468 SqFt
3 Beds
•1 Full Bath, 1 Partial
Joseph J Holland, Listing Office: Lunar Park Realty
Is Scotia, 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, Scotia has remained a Seller's Market.
Key Takeaway
Scotia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scotia, NY
How much do homes in Scotia, NY cost?
Median Sold Price
$225,250
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,250(+8.3%)
Key Takeaway
Homes in Scotia have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Scotia was $225,250 in November 2024, up 8.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.5K | $172.5K | +75.1% |
| 2 Bedrooms | $181.4K | $193K | +6.4% |
| 3 Bedrooms | $208K | $227.4K | +9.3% |
| 4 Bedrooms | $270K | $232K | -14.1% |
| 5+ Bedrooms | $274.5K | $267.5K | -2.6% |
Summary: Scotia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.1%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Glenville | $266.1K | $289.9K | +9.0% |
| Scotia | $208K | $225.2K | +8.3% |
Housing Supply in Scotia, NY
How many homes are available in Scotia, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The Scotia real estate market had 20 homes for sale in November 2024, a 25.9% 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 | 7 | 4 | -42.9% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Scotia 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 42.9%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 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 Scotia, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Scotia in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Scotia, NY
How long does it take to sell a home in Scotia, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 38 Days | +211.6% |
Summary: Homes in Scotia had an average of 38 days on market in Nov 2024, up by 211.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Scotia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Scotia; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.