Is Fort Plain, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fort Plain was a Neutral Market.
Key Takeaway
Fort Plain is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Plain, NY
How much do homes in Fort Plain, NY cost?
Median Sold Price
$60,000
$35/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Fort Plain have sold for 77.7% less than they did a month ago.
Summary: The median home sold price in Fort Plain was $60,000 in June 2024, down 77.7% from last month, and the median price per square foot was $35.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $90K | N/A |
| 3 Bedrooms | $269K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $30K | N/A |
Summary: Fort Plain housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fort Plain | $269K | $60K | -77.7% |
| Minden | $269K | $60K | -77.7% |
Housing Supply in Fort Plain, NY
How many homes are available in Fort Plain, NY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Fort Plain real estate market had 18 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fort Plain housing inventory by bedroom type for June 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 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 Fort Plain, 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 Fort Plain in June 2024, down by 33.3% 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 Fort Plain, NY
How long does it take to sell a home in Fort Plain, NY?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 110 Days | 42 Days | -62.0% |
Summary: Homes in Fort Plain had an average of 42 days on market in Jun 2024, down by 62% compared to last month.
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 Fort Plain are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2 homes were sold in Fort Plain; 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.
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.