Is Floyd, 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, Floyd was a Seller's Market.
Key Takeaway
Floyd is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Floyd, NY
How much do homes in Floyd, NY cost?
Median Sold Price
$225,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Floyd have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Floyd was $225,000 in March 2024, up 11.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | - | N/A |
| 3 Bedrooms | $191.4K | $199.9K | +4.5% |
| 4 Bedrooms | $255K | $220K | -13.7% |
| 5+ Bedrooms | - | $300.5K | N/A |
Summary: Floyd 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 did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Floyd | $202.4K | $225K | +11.1% |
| Marcy | $299.9K | $235.8K | -21.4% |
Housing Supply in Floyd, NY
How many homes are available in Floyd, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Floyd real estate market had 9 homes for sale in March 2024, a 18.2% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Floyd 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 increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Floyd, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Floyd in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Floyd, NY
How long does it take to sell a home in Floyd, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 107 Days | +2040.0% |
Summary: Homes in Floyd had an average of 107 days on market in Mar 2024, up by 2040% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Floyd are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Floyd; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
