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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guilderland is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Guilderland, NY

How much do homes in Guilderland, NY cost?

Median Sold Price

$360,666

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,199(+14.7%)

Key Takeaway

Homes in Guilderland have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in Guilderland was $360,666 in November 2024, up 14.7% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $168.9K$175K
+3.6%
2 $245K$260K
+6.1%
3 $300K$345K
+15.0%
4 $435K$485K
+11.5%
5+ $402.5K$560K
+39.1%

Summary: Guilderland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 39.1%.

Median Sold Price Compared To Nearby Cities

Slingerlands
+22.4%
Guilderland
+14.7%
Altamont
+5.9%
Knox
-13.5%

Housing Supply in Guilderland, NY

How many homes are available in Guilderland, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8768-21.8%

Summary: The Guilderland real estate market had 68 homes for sale in November 2024, a 21.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1312
-7.7%
3 3725
-32.4%
4 3027
-10.0%
5+ 63
-50.0%

Summary: The Guilderland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 32.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2818-35.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guilderland, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Guilderland in November 2024, down by 35.7% month-over-month. Of the 18 sold homes, 28% were sold under asking, 17% were sold at asking, and 56% were sold over asking.

Days on Market for Guilderland, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days14 Days+93.1%

Summary: Homes in Guilderland had an average of 14 days on market in Nov 2024, up by 93.1% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Guilderland; 83% of homes were sold within 30 days, 17% 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 9 Days Ago

Newest Listings in Guilderland, NY

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