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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sidney is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sidney was a Seller's Market.

Key Takeaway

Sidney is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sidney, NY

How much do homes in Sidney, NY cost?

Median Sold Price

$131,761

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,239(-2.4%)

Key Takeaway

Homes in Sidney have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Sidney was $131,761 in November 2024, down 2.4% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139K$96K
-31.0%
3 $135K$143.5K
+6.3%
4 $150K$132.5K
-11.7%
5+ $106K$208.2K
+96.5%

Summary: Sidney 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 31%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 96.5%.

Housing Supply in Sidney, NY

How many homes are available in Sidney, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The Sidney real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 99
0.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The Sidney 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sidney, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sidney in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Sidney, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days64 Days+55.6%

Summary: Homes in Sidney had an average of 64 days on market in Nov 2024, up by 55.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Sidney; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Sidney, NY

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