Is New Hartford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, New Hartford has remained a Seller's Market.
Housing Prices in New Hartford, NY
How much do homes in New Hartford, NY cost?
Median Sold Price
$259,900
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in New Hartford was $259,900 in March 2024, up 15.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177.5K | $230K | +29.6% |
3 Bedrooms | $209.9K | $225K | +7.2% |
4 Bedrooms | $285K | $335K | +17.5% |
5+ Bedrooms | $466K | $431K | -7.5% |
Summary: New Hartford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
New Hartford | $225K | $259.9K | +15.5% |
Utica | $165K | $169.6K | +2.8% |
Housing Supply in New Hartford, NY
How many homes are available in New Hartford, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 35 | +25.0% |
Summary: The New Hartford real estate market had 35 homes for sale in March 2024, a 25.0% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The New Hartford 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 16.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in New Hartford in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for New Hartford, NY
How long does it take to sell a home in New Hartford, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 58 Days | +234.7% |
Summary: Homes in New Hartford had an average of 58 days on market in Mar 2024, up by 234.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in New Hartford; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.