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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanfordville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Stanfordville, NY

How much do homes in Stanfordville, NY cost?

Median Sold Price

$570,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$182,500(+47.1%)

Key Takeaway

Homes in Stanfordville have sold for 47.1% more than they did a year ago.

Summary: The median home sold price in Stanfordville was $570,000 in November 2024, up 47.1% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $315K$335K
+6.3%
3 $390K$535K
+37.2%
4 $427.5K$688.7K
+61.1%
5+ -$2.8M
N/A

Summary: Stanfordville 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 increased by 6.3%, 3 bedroom homes increased by 37.2%, 4 bedroom homes increased by 61.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stanfordville
+47.1%
Stanford
+27.4%
Milan
+26.5%
Pine Plains
+15.1%

Housing Supply in Stanfordville, NY

How many homes are available in Stanfordville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2116-23.8%

Summary: The Stanfordville real estate market had 16 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 75
-28.6%
4 87
-12.5%
5+ 43
-25.0%

Summary: The Stanfordville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

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 Stanfordville, 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 Stanfordville in November 2024, down by 50.0% month-over-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 Stanfordville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days102 Days+209.1%

Summary: Homes in Stanfordville had an average of 102 days on market in Nov 2024, up by 209.1% compared to last year.

Breakdown of Home Sale Times

0 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

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

Summary: During November 2024, 2 homes were sold in Stanfordville; 0% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Stanfordville, NY

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