$2,482 Closing Credit*
$209,000
882 SqFt
2 Beds
•1 Full Bath
Doreen Engelhart, Listing Office: Century 21 One Realty Partners
Is Forestport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Forestport was a Seller's Market.
Key Takeaway
Forestport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Forestport, NY
How much do homes in Forestport, NY cost?
Median Sold Price
$247,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$67,600(+37.6%)
Key Takeaway
Homes in Forestport have sold for 37.6% more than they did a year ago.
Summary: The median home sold price in Forestport was $247,500 in September 2024, up 37.6% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $184.5K | +36.7% |
| 2 Bedrooms | $179.9K | $245K | +36.2% |
| 3 Bedrooms | $285K | $375K | +31.6% |
| 4 Bedrooms | $185K | $329K | +77.8% |
| 5+ Bedrooms | $485K | - | N/A |
Summary: Forestport housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.7%, 2 bedroom homes increased by 36.2%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Forestport | $179.9K | $247.5K | +37.6% |
| Forestport | $175K | $210K | +20.0% |
Housing Supply in Forestport, NY
How many homes are available in Forestport, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Forestport real estate market had 18 homes for sale in September 2024, a 10.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forestport housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 Forestport, 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 Forestport in September 2024, down by 50.0% 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 Forestport, NY
How long does it take to sell a home in Forestport, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 40 Days | +45.9% |
Summary: Homes in Forestport had an average of 40 days on market in Sep 2024, up by 45.9% 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 Forestport are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Forestport; 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.
