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 November 2023

Since last year, Ticonderoga has remained a Seller'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

$196,950

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,450(+22.7%)

Key Takeaway

Homes in Ticonderoga have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in Ticonderoga was $196,950 in November 2024, up 22.7% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $146.3K$195.9K
+33.9%
3 $162.1K$175K
+7.9%
4 $215K$170K
-20.9%
5+ $740K$237.5K
-67.9%

Summary: Ticonderoga 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 33.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 67.9%.

Median Sold Price Compared To Nearby Cities

Putnam Station
+25.3%
Putnam
+25.3%
Ticonderoga
+22.7%

Housing Supply in Ticonderoga, NY

How many homes are available in Ticonderoga, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3331-6.1%

Summary: The Ticonderoga real estate market had 31 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 108
-20.0%
4 1514
-6.7%
5+ 11
0.0%

Summary: The Ticonderoga housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Ticonderoga in November 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
84 Days76 Days-9.5%

Summary: Homes in Ticonderoga had an average of 76 days on market in Nov 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Ticonderoga; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% 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 2 Days Ago

Newest Listings in Ticonderoga, NY

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