$2,601 Closing Credit*
$219,000
1,564 SqFt
4 Beds
•1 Bath
Jonathan Hallam, Listing Office: Kinderhook Group, Inc.
Is Wheatland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wheatland has remained a Seller's Market.
Key Takeaway
Wheatland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wheatland, NY
How much do homes in Wheatland, NY cost?
Median Sold Price
$265,750
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$85,750(+47.6%)
Key Takeaway
Homes in Wheatland have sold for 47.6% more than they did a year ago.
Summary: The median home sold price in Wheatland was $265,750 in November 2024, up 47.6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $127K | N/A |
| 2 Bedrooms | $99.9K | $130K | +30.1% |
| 3 Bedrooms | $180K | $259.9K | +44.4% |
| 4 Bedrooms | $177K | $275K | +55.4% |
| 5+ Bedrooms | $375K | $1.7M | +371.3% |
Summary: Wheatland 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 30.1%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 55.4%, and 5+ bedroom homes increased by 371.3%.
Median Sold Price Compared To Nearby Cities
| Wheatland | $180K | $265.7K | +47.6% |
| Scottsville | $180.7K | $265K | +46.6% |
| Rush | $285K | $355.5K | +24.7% |
| Riga | $250K | $275K | +10.0% |
Housing Supply in Wheatland, NY
How many homes are available in Wheatland, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Wheatland real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Wheatland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wheatland, 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 Wheatland in November 2024, down by 50.0% 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 Wheatland, NY
How long does it take to sell a home in Wheatland, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 8 Days | -61.4% |
Summary: Homes in Wheatland had an average of 8 days on market in Nov 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wheatland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Wheatland; 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.
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Columbia Greene Northern Dutchess Multiple Listing Service. All rights reserved.