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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ransomville is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Ransomville was a Buyer's Market.

Key Takeaway

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

How much do homes in Ransomville, NY cost?

Median Sold Price

$212,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$12,000(-5.3%)

Key Takeaway

Homes in Ransomville have sold for 5.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$219.5K
N/A
2 $190K$180K
-5.3%
3 $243K$220K
-9.5%
4 $180.5K$270K
+49.6%
5+ $272.1K$361.5K
+32.9%

Median Sold Price Compared To Nearby Cities

Sanborn
+34.1%
Cambria
+14.2%
Porter
-0.9%
Ransomville
-5.3%

How many homes are available in Ransomville, NY?

Number of Homes For Sale

Aug 2022Sep 2022%
2115-28.6%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 10
-100.0%
2 32
-33.3%
3 1110
-9.1%
4 63
-50.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ransomville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
61 Days3 Days-95.1%

Breakdown of Home Sale Times

3 Homes Were 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 Ransomville are selling fast, if you're buying plan to act quickly.

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

About Ransomville, NY

Ransomville, NY has 15 homes for sale to choose from. The number of homes for sale in Ransomville, NY decreased by 28.6% between August 2022 and September 2022. While the average time on the market in September 2022 was 3 days, the median list price was $212,500. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties decreased by 5.3%, prices of 3 bedrooms properties went down by 9.5%, the cost of 4 bedrooms properties went up by 49.6%, the cost of 5 bedrooms properties went up by 32.9%. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 100%, volume of 2 bedrooms homes went down by 33.3%, number of 3 bedrooms homes decreased by 9.1%, 4 bedrooms homes inventory decreased by 50%, 5 bedrooms homes inventory did not change. While more than 1 listings in Ransomville, NY in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.