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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ancram is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Ancram was a Seller's Market.

Key Takeaway

Ancram is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ancram, NY

How much do homes in Ancram, NY cost?

Median Sold Price

$680,000

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$40,000(-5.6%)

Key Takeaway

Homes in Ancram have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Ancram was $680,000 in March 2024, down 5.6% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$442.5K
N/A
3 $465K$795K
+71.0%
4 $1.4M$490K
-65.2%
5+ -$1.0M
N/A

Summary: Ancram housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 71%, 4 bedroom homes decreased by 65.2%, and 5+ bedroom homes did not change.

Housing Supply in Ancram, NY

How many homes are available in Ancram, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
811+37.5%

Summary: The Ancram real estate market had 11 homes for sale in March 2024, a 37.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 58
+60.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Ancram housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ancram, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ancram in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ancram, NY

How long does it take to sell a home in Ancram, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
132 Days148 Days+12.1%

Summary: Homes in Ancram had an average of 148 days on market in Mar 2024, up by 12.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ancram are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Ancram; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Ancram, NY

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