Is Angola, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Angola was a Seller's Market.
Key Takeaway
Angola is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Angola, NY
How much do homes in Angola, NY cost?
Median Sold Price
$175,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Angola have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Angola was $175,000 in May 2024, up 2.9% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95.7K | $73K | -23.7% |
| 2 Bedrooms | $170K | $130K | -23.5% |
| 3 Bedrooms | $178.5K | $196.2K | +9.9% |
| 4 Bedrooms | $215K | $245K | +14.0% |
| 5+ Bedrooms | $205K | $300K | +46.3% |
Summary: Angola housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.7%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 46.3%.
Median Sold Price Compared To Nearby Cities
| Evans | $189K | $203.2K | +7.5% |
| Angola | $170K | $175K | +2.9% |
Housing Supply in Angola, NY
How many homes are available in Angola, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The Angola real estate market had 37 homes for sale in May 2024, a 7.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Angola housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Angola, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Angola in May 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Angola, NY
How long does it take to sell a home in Angola, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 63 Days | 5 Days | -91.8% |
Summary: Homes in Angola had an average of 5 days on market in May 2024, down by 91.8% compared to last year.
Breakdown of Home Sale Times
5 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 Angola are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Angola; 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.
