Is Swan Lake, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swan Lake is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Swan Lake was a Neutral Market.

Key Takeaway

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

Housing Prices in Swan Lake, NY

How much do homes in Swan Lake, NY cost?

Median Sold Price

$285,000

$203/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$114,000(-28.6%)

Key Takeaway

Homes in Swan Lake have sold for 28.6% less than they did a month ago.

Summary: The median home sold price in Swan Lake was $285,000 in December 2024, down 28.6% from last month, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $399K$285K
-28.6%
4 $362.5K-
N/A
5+ --
N/A

Summary: Swan Lake housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Swan Lake, NY

How many homes are available in Swan Lake, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1814-22.2%

Summary: The Swan Lake real estate market had 14 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 1110
-9.1%
4 30
-100.0%
5+ 11
0.0%

Summary: The Swan Lake housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swan Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Swan Lake in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Swan Lake, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
61 Days24 Days-60.9%

Summary: Homes in Swan Lake had an average of 24 days on market in Dec 2024, down by 60.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Swan Lake; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Swan Lake, NY

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