$999,900
105.70 Acres
Land
James Robert Blaine, Listing Office: Howard Hanna
Is Sweden, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sweden has remained a Seller's Market.
Key Takeaway
Sweden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sweden, NY
How much do homes in Sweden, NY cost?
Median Sold Price
$230,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+9.5%)
Key Takeaway
Homes in Sweden have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Sweden was $230,000 in October 2024, up 9.5% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80.1K | $91K | +13.6% |
| 2 Bedrooms | $160K | $197.5K | +23.4% |
| 3 Bedrooms | $205K | $227K | +10.7% |
| 4 Bedrooms | $220K | $233K | +5.9% |
| 5+ Bedrooms | $225K | $293.3K | +30.4% |
Summary: Sweden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 30.4%.
Median Sold Price Compared To Nearby Cities
| Sweden | $210K | $230K | +9.5% |
| Brockport | $222.5K | $240K | +7.9% |
| Murray | $174.9K | $185K | +5.8% |
Housing Supply in Sweden, NY
How many homes are available in Sweden, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 22 | -21.4% |
Summary: The Sweden real estate market had 22 homes for sale in October 2024, a 21.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Sweden 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sweden, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Sweden in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.
Days on Market for Sweden, NY
How long does it take to sell a home in Sweden, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 4 Days | -52.0% |
Summary: Homes in Sweden had an average of 4 days on market in Oct 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sweden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Sweden; 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.
