Is Kaisertown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kaisertown has remained a Seller's Market.
Key Takeaway
Kaisertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kaisertown, NY
How much do homes in Kaisertown, NY cost?
Median Sold Price
$150,500
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kaisertown have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Kaisertown was $150,500 in March 2024, down 3.2% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $109.9K | $184K | +67.4% |
| 3 Bedrooms | $172.5K | $171.7K | -0.4% |
| 4 Bedrooms | $92.5K | $100K | +8.1% |
| 5+ Bedrooms | $100K | $152.7K | +52.8% |
Summary: Kaisertown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67.4%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 52.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Babcock | $77.7K | $110K | +41.5% |
| Lovejoy | $116K | $115K | -0.9% |
| Kaisertown | $155.5K | $150.5K | -3.2% |
Housing Supply in Kaisertown, NY
How many homes are available in Kaisertown, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 22 | -21.4% |
Summary: The Kaisertown real estate market had 22 homes for sale in March 2024, a 21.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Kaisertown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kaisertown, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Kaisertown in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Kaisertown, NY
How long does it take to sell a home in Kaisertown, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 35 Days | +69.5% |
Summary: Homes in Kaisertown had an average of 35 days on market in Mar 2024, up by 69.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kaisertown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Kaisertown; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
