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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheldon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sheldon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sheldon, NY

How much do homes in Sheldon, NY cost?

Median Sold Price

$340,000

$236/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$89,000(+35.5%)

Key Takeaway

Homes in Sheldon have sold for 35.5% more than they did a month ago.

Summary: The median home sold price in Sheldon was $340,000 in October 2024, up 35.5% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$340K
N/A
4 $251K-
N/A
5+ --
N/A

Summary: Sheldon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sheldon, NY

How many homes are available in Sheldon, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
34+33.3%

Summary: The Sheldon real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 23
+50.0%
4 10
-100.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Sheldon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Sheldon in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sheldon, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days35 Days+400.0%

Summary: Homes in Sheldon had an average of 35 days on market in Oct 2024, up by 400% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sheldon has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Sheldon; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Sheldon, NY

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