Is Richfield Springs, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Richfield Springs has remained a Buyer's Market.
Housing Prices in Richfield Springs, NY
How much do homes in Richfield Springs, NY cost?
Median Sold Price
$80,000
$62/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Richfield Springs was $80,000 in March 2024, down 66% from last month, and the median price per square foot was $62.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | - | N/A |
3 Bedrooms | - | $80K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Richfield Springs 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Richfield Springs | $235K | $80K | -66.0% |
Richfield | $235K | $80K | -66.0% |
Housing Supply in Richfield Springs, NY
How many homes are available in Richfield Springs, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Summary: The Richfield Springs real estate market had 11 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Richfield Springs 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
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 Richfield Springs in March 2024, the same as the previous 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 Richfield Springs, NY
How long does it take to sell a home in Richfield Springs, NY?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 74 Days | +957.1% |
Summary: Homes in Richfield Springs had an average of 74 days on market in Mar 2024, up by 957.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Richfield Springs; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.