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

$222,500

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,500(-0.7%)

Key Takeaway

Homes in Stamford have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Stamford was $222,500 in October 2024, down 0.7% 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 $215K$151K
-29.8%
3 $245K$277.4K
+13.2%
4 $270K$155K
-42.6%
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 29.8%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 42.6%, 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
2524-4.0%

Summary: The Stamford real estate market had 24 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1110
-9.1%
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 decreased by 9.1%, 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 4 Days Ago

Newest Listings in Stamford, NY

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