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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Fulton County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fulton County, NY

How much do homes in Fulton County, NY cost?

Median Sold Price

$162,250

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,018(+9.5%)

Key Takeaway

Homes in Fulton County have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Fulton County was $162,250 in March 2024, up 9.5% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $125.5K$119K
-5.2%
2 $120K$134.1K
+11.8%
3 $166K$199.4K
+20.2%
4 $165.5K$169.9K
+2.7%
5+ $119.1K$126.3K
+6.0%

Summary: Fulton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Counties

Fulton County
+9.5%
Montgomery County
+9.3%
Saratoga County
+5.0%
Hamilton County
+2.5%
Herkimer County
-3.1%

Housing Supply in Fulton County, NY

How many homes are available in Fulton County, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
182165-9.3%

Summary: The Fulton County real estate market had 165 homes for sale in March 2024, a 9.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 3026
-13.3%
3 7269
-4.2%
4 4132
-22.0%
5+ 3636
0.0%

Summary: The Fulton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 22%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2829+3.6%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton County, you may be able to get a good deal. 79.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Fulton County in March 2024, up by 3.6% month-over-month. Of the 29 sold homes, 79% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for Fulton County, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days40 Days0.1%

Summary: Homes in Fulton County had an average of 40 days on market in Mar 2024, up by 0.1% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 29 homes were sold in Fulton County; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

Newest Listings in Fulton County, NY

Nearby Markets to Fulton County, NY

What housing markets are near Fulton County, NY?