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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrensburg is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Warrensburg was a Seller's Market.

Key Takeaway

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

Housing Prices in Warrensburg, NY

How much do homes in Warrensburg, NY cost?

Median Sold Price

$279,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,000(+32.9%)

Key Takeaway

Homes in Warrensburg have sold for 32.9% more than they did a year ago.

Summary: The median home sold price in Warrensburg was $279,000 in October 2024, up 32.9% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $187.4K$107.7K
-42.5%
2 $152.8K$280K
+83.2%
3 $245K$279K
+13.9%
4 $118.5K$282.5K
+138.4%
5+ $178K$250K
+40.4%

Summary: Warrensburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.5%, 2 bedroom homes increased by 83.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 138.4%, and 5+ bedroom homes increased by 40.4%.

Median Sold Price Compared To Nearby Cities

Warrensburg
+32.9%
Chestertown
+2.0%
Diamond Point
-17.1%
Bolton
-44.6%

Housing Supply in Warrensburg, NY

How many homes are available in Warrensburg, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3326-21.2%

Summary: The Warrensburg real estate market had 26 homes for sale in October 2024, a 21.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 1513
-13.3%
4 53
-40.0%
5+ 53
-40.0%

Summary: The Warrensburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Warrensburg in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
123 Days63 Days-48.4%

Summary: Homes in Warrensburg had an average of 63 days on market in Oct 2024, down by 48.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were 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 October 2024, 3 homes were sold in Warrensburg; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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