Is Stafford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Stafford has remained a Seller's Market.
Key Takeaway
Stafford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stafford, NY
How much do homes in Stafford, NY cost?
Median Sold Price
$78,000
$67/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Stafford have sold for 51.2% less than they did a month ago.
Summary: The median home sold price in Stafford was $78,000 in May 2024, down 51.2% from last month, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $78K | -13.3% |
| 3 Bedrooms | $225K | - | N/A |
| 4 Bedrooms | $210K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Stafford housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Byron | $75K | $120K | +60.0% |
| Stafford | $160K | $78K | -51.2% |
| Bethany | $340K | $78K | -77.1% |
Housing Supply in Stafford, NY
How many homes are available in Stafford, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Summary: The Stafford real estate market had 4 homes for sale in May 2024, a 42.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Stafford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stafford, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Stafford in May 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Stafford, NY
How long does it take to sell a home in Stafford, NY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 3 Days | -93.3% |
Summary: Homes in Stafford had an average of 3 days on market in May 2024, down by 93.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stafford are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Stafford; 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.
