Is Auburn, 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, Auburn was a Buyer's Market.
Key Takeaway
Auburn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Auburn, NY
How much do homes in Auburn, NY cost?
Median Sold Price
$155,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Auburn have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Auburn was $155,000 in April 2024, down 4.9% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $211.2K | $560K | +165.1% |
| 2 Bedrooms | $136K | $137.5K | +1.1% |
| 3 Bedrooms | $154.5K | $164.5K | +6.5% |
| 4 Bedrooms | $192.5K | $150K | -22.1% |
| 5+ Bedrooms | $206.9K | $155K | -25.1% |
Summary: Auburn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 165.1%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes decreased by 25.1%.
Median Sold Price Compared To Nearby Cities
| Sennett | $255K | $325K | +27.5% |
| Auburn | $163K | $155K | -4.9% |
Housing Supply in Auburn, NY
How many homes are available in Auburn, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 112 | 110 | -1.8% |
Summary: The Auburn real estate market had 110 homes for sale in April 2024, a 1.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 45 | 43 | -4.4% |
| 4 Bedrooms | 32 | 30 | -6.3% |
| 5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Auburn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Auburn, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Auburn in April 2024, down by 4.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Auburn, NY
How long does it take to sell a home in Auburn, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 47 Days | -32.8% |
Summary: Homes in Auburn had an average of 47 days on market in Apr 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Auburn are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Auburn; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.