Is New Albion, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, New Albion was a Seller's Market.
Housing Prices in New Albion, NY
How much do homes in New Albion, NY cost?
Median Sold Price
$260,000
$101/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in New Albion was $260,000 in February 2024, up 145.3% from last month, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $108K | - | N/A |
3 Bedrooms | - | $260K | N/A |
4 Bedrooms | $55K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: New Albion housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
New Albion | $106K | $260K | +145.3% |
Mansfield | $313K | $750K | +139.6% |
Housing Supply in New Albion, NY
How many homes are available in New Albion, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Summary: The New Albion real estate market had 10 homes for sale in February 2024, a 9.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The New Albion housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in New Albion in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for New Albion, NY
How long does it take to sell a home in New Albion, NY?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
97 Days | 11 Days | -88.7% |
Summary: Homes in New Albion had an average of 11 days on market in Feb 2024, down by 88.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in New Albion; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.