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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrensburg is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Warrensburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Warrensburg, NY

How much do homes in Warrensburg, NY cost?

Median Sold Price

$253,750

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,750(+10.3%)

Key Takeaway

Homes in Warrensburg have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Warrensburg was $253,750 in November 2024, up 10.3% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $187.4K$127.2K
-32.1%
2 $168K$210K
+25.0%
3 $268.2K$285K
+6.2%
4 $118.5K$259K
+118.6%
5+ $400K$228.7K
-42.8%

Summary: Warrensburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 118.6%, and 5+ bedroom homes decreased by 42.8%.

Housing Supply in Warrensburg, NY

How many homes are available in Warrensburg, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2830+7.1%

Summary: The Warrensburg real estate market had 30 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 67
+16.7%
3 1315
+15.4%
4 21
-50.0%
5+ 55
0.0%

Summary: The Warrensburg 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 increased by 15.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 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 Warrensburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Warrensburg in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Warrensburg, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days31 Days-28.9%

Summary: Homes in Warrensburg had an average of 31 days on market in Nov 2024, down by 28.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Warrensburg; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

Newest Listings in Warrensburg, NY

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