Is Fort Ann, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Ann is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Fort Ann has remained a Seller's Market.

Key Takeaway

Fort Ann is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Ann, NY

How much do homes in Fort Ann, NY cost?

Median Sold Price

$249,900

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$950(+0.4%)

Key Takeaway

The sold price of homes in Fort Ann has remained the same since last year.

Summary: The median home sold price in Fort Ann was $249,900 in September 2024, up 0.4% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $140K$115K
-17.9%
2 $160K$267K
+66.9%
3 $258K$272K
+5.4%
4 $368.5K$174.5K
-52.6%
5+ $329K-
N/A

Summary: Fort Ann housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.9%, 2 bedroom homes increased by 66.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 52.6%, and 5+ bedroom homes did not change.

Housing Supply in Fort Ann, NY

How many homes are available in Fort Ann, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1910-47.4%

Summary: The Fort Ann real estate market had 10 homes for sale in September 2024, a 47.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 40
-100.0%
3 84
-50.0%
4 54
-20.0%
5+ 22
0.0%

Summary: The Fort Ann 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Ann, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Fort Ann in September 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Fort Ann, NY

How long does it take to sell a home in Fort Ann, NY?

Average Sale Time

Sep 2023Sep 2024CHANGE
35 Days5 Days-84.3%

Summary: Homes in Fort Ann had an average of 5 days on market in Sep 2024, down by 84.3% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Ann are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Fort Ann; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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