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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vienna is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Vienna has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Vienna, NY

How much do homes in Vienna, NY cost?

Median Sold Price

$220,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$40,375(+22.5%)

Key Takeaway

Homes in Vienna have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Vienna was $220,000 in December 2024, up 22.5% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $111K-
N/A
2 $230K$255.7K
+11.2%
3 $155K$189.5K
+22.2%
4 $167K$187.5K
+12.3%
5+ $308.4K$269.9K
-12.5%

Summary: Vienna 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 11.2%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 12.5%.

Housing Supply in Vienna, NY

How many homes are available in Vienna, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2119-9.5%

Summary: The Vienna real estate market had 19 homes for sale in December 2024, a 9.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 65
-16.7%
3 88
0.0%
4 44
0.0%
5+ 10
-100.0%

Summary: The Vienna 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vienna, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Vienna in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Vienna, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
70 Days46 Days-34.8%

Summary: Homes in Vienna had an average of 46 days on market in Dec 2024, down by 34.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Vienna; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

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