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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushford is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Rushford, NY

How much do homes in Rushford, NY cost?

Median Sold Price

$219,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$56,000(-20.4%)

Key Takeaway

Homes in Rushford have sold for 20.4% less than they did a year ago.

Summary: The median home sold price in Rushford was $219,000 in March 2024, down 20.4% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $156K-
N/A
2 $215K$209K
-2.8%
3 $290K$219K
-24.5%
4 $328.7K$254K
-22.7%
5+ $215K$170K
-20.9%

Summary: Rushford 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 decreased by 2.8%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes decreased by 20.9%.

Housing Supply in Rushford, NY

How many homes are available in Rushford, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
24+100.0%

Summary: The Rushford real estate market had 4 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 00
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Rushford 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 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushford, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rushford in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rushford, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
10 Days62 Days+520.0%

Summary: Homes in Rushford had an average of 62 days on market in Mar 2024, up by 520% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Rushford; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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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