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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corinth is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Corinth, NY

How much do homes in Corinth, NY cost?

Median Sold Price

$245,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,000(+8.9%)

Key Takeaway

Homes in Corinth have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Corinth was $245,000 in March 2024, up 8.9% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $215K-
N/A
2 $182.5K$190K
+4.1%
3 $265K$250K
-5.7%
4 $300.5K$214.5K
-28.6%
5+ $150K$287.5K
+91.7%

Summary: Corinth 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 increased by 4.1%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 91.7%.

Median Sold Price Compared To Nearby Cities

Corinth
+8.9%
Lake Luzerne
-9.0%

Housing Supply in Corinth, NY

How many homes are available in Corinth, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2015-25.0%

Summary: The Corinth real estate market had 15 homes for sale in March 2024, a 25.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 97
-22.2%
4 42
-50.0%
5+ 22
0.0%

Summary: The Corinth 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 decreased by 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Corinth in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Corinth, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
201 Days94 Days-53.4%

Summary: Homes in Corinth had an average of 94 days on market in Mar 2024, down by 53.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During March 2024, 2 homes were sold in Corinth; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

Newest Listings in Corinth, NY

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