Is Amsterdam, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Amsterdam was a Buyer's Market.
Housing Prices in Amsterdam, NY
How much do homes in Amsterdam, NY cost?
Median Sold Price
$174,333
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Amsterdam was $174,333 in April 2024, up 2.5% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | - | N/A |
2 Bedrooms | $177K | $205K | +15.8% |
3 Bedrooms | $205K | $205K | 0.0% |
4 Bedrooms | $245K | $160.8K | -34.4% |
5+ Bedrooms | $126.7K | $150K | +18.4% |
Summary: Amsterdam housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
Florida | $320K | $351.5K | +9.8% |
Amsterdam | $170K | $174.3K | +2.5% |
Housing Supply in Amsterdam, NY
How many homes are available in Amsterdam, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 81 | -4.7% |
Summary: The Amsterdam real estate market had 81 homes for sale in April 2024, a 4.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 31 | 24 | -22.6% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 27 | 31 | +14.8% |
Summary: The Amsterdam housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 14.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Amsterdam in April 2024, down by 11.8% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.
Days on Market for Amsterdam, NY
How long does it take to sell a home in Amsterdam, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 47 Days | +27.6% |
Summary: Homes in Amsterdam had an average of 47 days on market in Apr 2024, up by 27.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Amsterdam; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.