Is Fulton, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Fulton was a Neutral Market.

Key Takeaway

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

Housing Prices in Fulton, NY

How much do homes in Fulton, NY cost?

Median Sold Price

$150,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$6,400(+4.5%)

Key Takeaway

Homes in Fulton have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Fulton was $150,000 in September 2024, up 4.5% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $92.7K$210K
+126.4%
2 $140K$124.9K
-10.8%
3 $136.5K$158.3K
+16.0%
4 $153.6K$155.9K
+1.5%
5+ $129.9K$128K
-1.5%

Summary: Fulton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.4%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Volney
+31.6%
Granby
+5.7%
Fulton
+4.5%

Housing Supply in Fulton, NY

How many homes are available in Fulton, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7861-21.8%

Summary: The Fulton real estate market had 61 homes for sale in September 2024, a 21.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 4532
-28.9%
4 1916
-15.8%
5+ 55
0.0%

Summary: The Fulton 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 11.1%, 3 bedroom homes decreased by 28.9%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2216-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Fulton in September 2024, down by 27.3% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.

Days on Market for Fulton, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days19 Days+48.5%

Summary: Homes in Fulton had an average of 19 days on market in Sep 2024, up by 48.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 16 homes were sold in Fulton; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 7 Days Ago

Newest Listings in Fulton, NY

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