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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delanson is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Delanson, NY

How much do homes in Delanson, NY cost?

Median Sold Price

$282,500

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,500(-2.6%)

Key Takeaway

Homes in Delanson have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Delanson was $282,500 in April 2024, down 2.6% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $350K$140K
-60.0%
2 $237K$170K
-28.3%
3 $291K$260K
-10.7%
4 $295K$320K
+8.5%
5+ $168.5K$475K
+181.9%

Summary: Delanson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 28.3%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 181.9%.

Median Sold Price Compared To Nearby Cities

Delanson
-2.6%
Duanesburg
-4.8%

Housing Supply in Delanson, NY

How many homes are available in Delanson, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1213+8.3%

Summary: The Delanson real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 34
+33.3%
5+ 22
0.0%

Summary: The Delanson 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 decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were 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 Delanson, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Delanson in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Delanson, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
171 Days5 Days-97.1%

Summary: Homes in Delanson had an average of 5 days on market in Apr 2024, down by 97.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Delanson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

Newest Listings in Delanson, NY

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