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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ticonderoga is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Ticonderoga was a Buyer's Market.

Key Takeaway

Ticonderoga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ticonderoga, NY

How much do homes in Ticonderoga, NY cost?

Median Sold Price

$204,450

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$32,350(+18.8%)

Key Takeaway

Homes in Ticonderoga have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Ticonderoga was $204,450 in December 2024, up 18.8% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $148.5K$200.5K
+35.0%
3 $172.1K$184.5K
+7.2%
4 $215K$184.9K
-14.0%
5+ $740K$237.5K
-67.9%

Summary: Ticonderoga housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes decreased by 67.9%.

Housing Supply in Ticonderoga, NY

How many homes are available in Ticonderoga, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3426-23.5%

Summary: The Ticonderoga real estate market had 26 homes for sale in December 2024, a 23.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 85
-37.5%
3 1210
-16.7%
4 129
-25.0%
5+ 11
0.0%

Summary: The Ticonderoga housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ticonderoga, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Ticonderoga in December 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Ticonderoga, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
6 Days137 Days+2195.2%

Summary: Homes in Ticonderoga had an average of 137 days on market in Dec 2024, up by 2195.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ticonderoga are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 7 homes were sold in Ticonderoga; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 57% 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 6 Days Ago

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