Is Milton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Milton has remained a Seller's Market.
Housing Prices in Milton, NY
How much do homes in Milton, NY cost?
Median Sold Price
$351,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Milton was $351,000 in April 2024, up 4.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $253K | $275.5K | +8.9% |
3 Bedrooms | $328K | $342K | +4.3% |
4 Bedrooms | $417.5K | $453.5K | +8.6% |
5+ Bedrooms | $380K | $459.5K | +20.9% |
Summary: Milton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
Malta | $365K | $425K | +16.4% |
Saratoga Springs | $509.1K | $588.3K | +15.6% |
Ballston Spa | $343K | $363.3K | +5.9% |
Milton | $335K | $351K | +4.8% |
Housing Supply in Milton, NY
How many homes are available in Milton, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 57 | -8.1% |
Summary: The Milton real estate market had 57 homes for sale in April 2024, a 8.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 28 | 22 | -21.4% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Milton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Milton in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.
Days on Market for Milton, NY
How long does it take to sell a home in Milton, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 27 Days | +75.6% |
Summary: Homes in Milton had an average of 27 days on market in Apr 2024, up by 75.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Milton; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.