Is Fort Edward, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fort Edward has remained a Seller's Market.
Key Takeaway
Fort Edward is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fort Edward, NY
How much do homes in Fort Edward, NY cost?
Median Sold Price
$210,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fort Edward have sold for 18% less than they did a year ago.
Summary: The median home sold price in Fort Edward was $210,000 in April 2024, down 18% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $32K | -64.0% |
| 2 Bedrooms | $224.9K | $177.5K | -21.1% |
| 3 Bedrooms | $251.2K | $235K | -6.4% |
| 4 Bedrooms | $374.5K | $269.4K | -28.1% |
| 5+ Bedrooms | $177K | $172.3K | -2.7% |
Summary: Fort Edward housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Moreau | $282.4K | $290K | +2.7% |
| Fort Edward | $256.2K | $210K | -18.0% |
Housing Supply in Fort Edward, NY
How many homes are available in Fort Edward, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Fort Edward real estate market had 25 homes for sale in April 2024, a 7.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Fort Edward housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Edward, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Fort Edward in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Fort Edward, NY
How long does it take to sell a home in Fort Edward, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 7 Days | -88.0% |
Summary: Homes in Fort Edward had an average of 7 days on market in Apr 2024, down by 88% compared to last year.
Breakdown of Home Sale Times
5 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 Fort Edward are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Fort Edward; 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.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.