Is New Baltimore, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Baltimore is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, New Baltimore has remained a Seller's Market.

Key Takeaway

New Baltimore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in New Baltimore, NY

How much do homes in New Baltimore, NY cost?

Median Sold Price

$350,000

$210/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$50,000(-12.5%)

Key Takeaway

Homes in New Baltimore have sold for 12.5% less than they did a month ago.

Summary: The median home sold price in New Baltimore was $350,000 in March 2024, down 12.5% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $204K-
N/A
3 $417K$350K
-16.1%
4 --
N/A
5+ $400K-
N/A

Summary: New Baltimore housing prices by bedroom type for March 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 decreased by 16.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Coxsackie
+15.9%
New Baltimore
-12.5%
Stuyvesant
-32.5%

Housing Supply in New Baltimore, NY

How many homes are available in New Baltimore, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
94-55.6%

Summary: The New Baltimore real estate market had 4 homes for sale in March 2024, a 55.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 54
-20.0%
4 10
-100.0%
5+ 20
-100.0%

Summary: The New Baltimore 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Baltimore, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in New Baltimore in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for New Baltimore, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
46 Days6 Days-87.0%

Summary: Homes in New Baltimore had an average of 6 days on market in Mar 2024, down by 87% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in New Baltimore are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in New Baltimore; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in New Baltimore, NY

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