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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stamford is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Stamford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Stamford, NY

How much do homes in Stamford, NY cost?

Median Sold Price

$225,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+4.7%)

Key Takeaway

Homes in Stamford have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Stamford was $225,000 in October 2024, up 4.7% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $104K$435K
+318.3%
2 $205K$195K
-4.9%
3 $230K$277.4K
+20.6%
4 $200K$155K
-22.5%
5+ $260K$225K
-13.5%

Summary: Stamford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 318.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 20.6%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Cities

Stamford
+4.7%
Stamford
-0.7%
Harpersfield
-28.3%

Housing Supply in Stamford, NY

How many homes are available in Stamford, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Stamford real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1212
0.0%
4 45
+25.0%
5+ 77
0.0%

Summary: The Stamford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were 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 Stamford, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Stamford in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Stamford, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days53 Days+30.7%

Summary: Homes in Stamford had an average of 53 days on market in Oct 2024, up by 30.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Stamford are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Stamford; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Stamford, NY

Nearby Markets to Stamford, NY