Is South Bristol, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Bristol is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, South Bristol has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in South Bristol, NY

How much do homes in South Bristol, NY cost?

Median Sold Price

$375,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,100(+13.7%)

Key Takeaway

Homes in South Bristol have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in South Bristol was $375,000 in November 2024, up 13.7% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $224.9K$224K
-0.4%
2 $293.5K$305K
+3.9%
3 $381K$410K
+7.6%
4 $449.9K$715K
+58.9%
5+ $554K$400K
-27.8%

Summary: South Bristol housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 58.9%, and 5+ bedroom homes decreased by 27.8%.

Median Sold Price Compared To Nearby Cities

Honeoye
+17.4%
Bristol
+16.7%
South Bristol
+13.7%
Middlesex
+12.6%

Housing Supply in South Bristol, NY

How many homes are available in South Bristol, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3223-28.1%

Summary: The South Bristol real estate market had 23 homes for sale in November 2024, a 28.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 108
-20.0%
3 179
-47.1%
4 44
0.0%
5+ 11
0.0%

Summary: The South Bristol housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 47.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

3 Homes Were 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 South Bristol, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in South Bristol in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for South Bristol, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days91 Days+727.3%

Summary: Homes in South Bristol had an average of 91 days on market in Nov 2024, up by 727.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in South Bristol; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in South Bristol, NY

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