Is Dutchtown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Dutchtown was a Seller's Market.
Key Takeaway
Dutchtown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Dutchtown, NY
How much do homes in Dutchtown, NY cost?
Median Sold Price
$69,200
$35/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dutchtown have sold for 53.8% more than they did a year ago.
Summary: The median home sold price in Dutchtown was $69,200 in March 2024, up 53.8% from last year, and the median price per square foot was $35.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $33.7K | $40K | +18.5% |
| 3 Bedrooms | $60K | $68.9K | +14.9% |
| 4 Bedrooms | $50K | $83K | +66.0% |
| 5+ Bedrooms | $40.5K | $69.9K | +72.7% |
Summary: Dutchtown 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 18.5%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 66%, and 5+ bedroom homes increased by 72.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Dutchtown | $45K | $69.2K | +53.8% |
| Jay Orchard Street Area | $48.2K | $61.5K | +27.5% |
| Lyell / Otis | $77.2K | $80.7K | +4.6% |
Housing Supply in Dutchtown, NY
How many homes are available in Dutchtown, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Dutchtown real estate market had 13 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Dutchtown 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dutchtown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Dutchtown in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Dutchtown, NY
How long does it take to sell a home in Dutchtown, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 12 Days | 45 Days | +275.0% |
Summary: Homes in Dutchtown had an average of 45 days on market in Mar 2024, up by 275% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dutchtown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Dutchtown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
