Is Edgerton, 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, Edgerton was a Buyer's Market.
Key Takeaway
Edgerton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edgerton, NY
How much do homes in Edgerton, NY cost?
Median Sold Price
$73,250
$40/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Edgerton have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Edgerton was $73,250 in March 2024, up 4.6% from last year, and the median price per square foot was $40.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $16.5K | - | N/A |
| 2 Bedrooms | $35K | $43.5K | +24.3% |
| 3 Bedrooms | $70K | $62.5K | -10.7% |
| 4 Bedrooms | $78.6K | $91.9K | +16.9% |
| 5+ Bedrooms | $135K | $83.5K | -38.1% |
Summary: Edgerton 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 24.3%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 38.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Maplewood | $130K | $145K | +11.5% |
| Edgerton | $70K | $73.2K | +4.6% |
Housing Supply in Edgerton, NY
How many homes are available in Edgerton, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 29 | -23.7% |
Summary: The Edgerton real estate market had 29 homes for sale in March 2024, a 23.7% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 13 | 9 | -30.8% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Edgerton 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 decreased by 33.3%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edgerton, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Edgerton in March 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Edgerton, NY
How long does it take to sell a home in Edgerton, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 9 Days | -81.1% |
Summary: Homes in Edgerton had an average of 9 days on market in Mar 2024, down by 81.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edgerton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Edgerton; 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.
