Is Lowville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lowville was a Buyer's Market.
Housing Prices in Lowville, NY
How much do homes in Lowville, NY cost?
Median Sold Price
$154,500
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lowville was $154,500 in March 2024, down 11.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92K | $52.5K | -42.9% |
2 Bedrooms | $124.7K | $117.5K | -5.8% |
3 Bedrooms | $175K | $160K | -8.6% |
4 Bedrooms | $215K | $150K | -30.2% |
5+ Bedrooms | $185K | $180K | -2.7% |
Summary: Lowville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes decreased by 2.7%.
Housing Supply in Lowville, NY
How many homes are available in Lowville, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Summary: The Lowville real estate market had 19 homes for sale in March 2024, a 26.7% increase 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 | 3 | 3 | 0.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Lowville 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lowville in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Lowville, NY
How long does it take to sell a home in Lowville, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 91 Days | +93.6% |
Summary: Homes in Lowville had an average of 91 days on market in Mar 2024, up by 93.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Lowville; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.