$1,341 Closing Credit*
$112,900
1,359 SqFt
3 Beds
•1 Full Bath
Catherine M. Rothery, Listing Office: Hunt Real Estate ERA
Is Tully, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Tully was a Neutral Market.
Key Takeaway
Tully is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tully, NY
How much do homes in Tully, NY cost?
Median Sold Price
$302,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,000(+0.7%)
Key Takeaway
Homes in Tully have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Tully was $302,000 in November 2024, up 0.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $312.5K | $288K | -7.8% |
| 3 Bedrooms | $268.5K | $318K | +18.4% |
| 4 Bedrooms | $339.9K | $358.7K | +5.5% |
| 5+ Bedrooms | $385K | $270K | -29.9% |
Summary: Tully 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 decreased by 7.8%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 29.9%.
Housing Supply in Tully, NY
How many homes are available in Tully, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Tully real estate market had 10 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Tully 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tully, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Tully in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Tully, NY
How long does it take to sell a home in Tully, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 8 Days | -83.3% |
Summary: Homes in Tully had an average of 8 days on market in Nov 2024, down by 83.3% compared to last year.
Breakdown of Home Sale Times
4 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 Tully are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Tully; 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.
