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

Housing Market Conditions



Gauge showing Minden is a neutral's market


Difference Since May 2023

Since last year, Minden has remained a Neutral Market.

Key Takeaway

Minden is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Minden, NY

How much do homes in Minden, NY cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Minden have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Minden was $135,850 in May 2024, up 4.5% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
2 $39.5K$145K
3 $142K$132K
4 $149K$205K
5+ $120K$137.7K

Summary: Minden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 267.1%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 37.6%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Cities

Fort Plain

Housing Supply in Minden, NY

How many homes are available in Minden, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Minden real estate market had 13 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 14
3 95
4 12
5+ 22

Summary: The Minden housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Minden, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Minden in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Minden, NY

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

Average Sale Time

May 2023May 2024CHANGE
42 Days166 Days+295.2%

Summary: Homes in Minden had an average of 166 days on market in May 2024, up by 295.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Minden are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Minden; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in Minden, NY

Nearby Markets to Minden, NY