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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Niskayuna is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Niskayuna has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Niskayuna, NY

How much do homes in Niskayuna, NY cost?

Median Sold Price

$370,516

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,264(+7.9%)

Key Takeaway

Homes in Niskayuna have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Niskayuna was $370,516 in March 2024, up 7.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $286K$361.8K
+26.5%
3 $295K$320K
+8.5%
4 $379.5K$399.5K
+5.3%
5+ $419.5K$551K
+31.3%

Summary: Niskayuna 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 26.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Cities

Rexford
+13.2%
Schenectady
+8.7%
Niskayuna
+7.9%
Clifton Park
+5.5%

Housing Supply in Niskayuna, NY

How many homes are available in Niskayuna, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6358-7.9%

Summary: The Niskayuna real estate market had 58 homes for sale in March 2024, a 7.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1816
-11.1%
4 2623
-11.5%
5+ 1412
-14.3%

Summary: The Niskayuna 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 increased by 40%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1019+90.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Niskayuna, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Niskayuna in March 2024, up by 90.0% month-over-month. Of the 19 sold homes, 37% were sold under asking, 32% were sold at asking, and 32% were sold over asking.

Days on Market for Niskayuna, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
22 Days35 Days+56.4%

Summary: Homes in Niskayuna had an average of 35 days on market in Mar 2024, up by 56.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 19 homes were sold in Niskayuna; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% 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 19 Days Ago

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