$3,324 Closing Credit*
$279,900
1,560 SqFt
4 Beds
•1 Full Bath, 1 Partial
Bill & Sharon Crocker, Listing Office: Hunt Real Estate Era
Is Elbridge, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Elbridge has remained a Seller's Market.
Key Takeaway
Elbridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elbridge, NY
How much do homes in Elbridge, NY cost?
Median Sold Price
$256,750
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$42,750(+20.0%)
Key Takeaway
Homes in Elbridge have sold for 20% more than they did a year ago.
Summary: The median home sold price in Elbridge was $256,750 in August 2024, up 20% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $217.5K | $239K | +9.9% |
| 4 Bedrooms | $185K | $332.4K | +79.7% |
| 5+ Bedrooms | $305K | $299.9K | -1.6% |
Summary: Elbridge housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 79.7%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in Elbridge, NY
How many homes are available in Elbridge, NY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Elbridge real estate market had 6 homes for sale in August 2024, a 50.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Elbridge housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elbridge, 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 Elbridge in August 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Elbridge, NY
How long does it take to sell a home in Elbridge, NY?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 44 Days | 15 Days | -65.9% |
Summary: Homes in Elbridge had an average of 15 days on market in Aug 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
2 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 Elbridge are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 2 homes were sold in Elbridge; 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.
