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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alden is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Alden was a Buyer's Market.

Key Takeaway

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

How much do homes in Alden, NY cost?

Median Sold Price

$222,500

$161/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$82,500(-27.0%)

Key Takeaway

Homes in Alden have sold for 27% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 --
N/A
3 $305K$222.5K
-27.0%
4 --
N/A
5+ --
N/A

How many homes are available in Alden, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
97-22.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 75
-28.6%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alden, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
6 Days20 Days+233.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Alden, NY

Number of homes for sale in Alden, NY real estate market have reached 7. The number of homes for sale in Alden, NY decreased by 22.2% between December 2022 and January 2023. While the average time on the market in January 2023 was 20 days, the median list price was $222,500. From January 2022 through January 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices decreased by 27%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 28.6%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes did not move. Over 0 listings were sold over their listed price in January 2023 in Alden, NY. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.