Is Schoharie County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Schoharie County was a Neutral Market.
Housing Prices in Schoharie County, NY
How much do homes in Schoharie County, NY cost?
Median Sold Price
$217,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Schoharie County was $217,000 in March 2024, up 19.2% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $175K | +75.0% |
2 Bedrooms | $170K | $173K | +1.8% |
3 Bedrooms | $175K | $221.4K | +26.5% |
4 Bedrooms | $221.5K | $266.9K | +20.5% |
5+ Bedrooms | $184.9K | $243.8K | +31.9% |
Summary: Schoharie County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 31.9%.
Median Sold Price Compared To Nearby Counties
Schoharie County | $182K | $217K | +19.2% |
Montgomery County | $160K | $174.9K | +9.3% |
Schenectady County | $235K | $255K | +8.5% |
Albany County | $270K | $289.9K | +7.4% |
Greene County | $345K | $305K | -11.6% |
Housing Supply in Schoharie County, NY
How many homes are available in Schoharie County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
107 | 100 | -6.5% |
Summary: The Schoharie County real estate market had 100 homes for sale in March 2024, a 6.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 37 | 35 | -5.4% |
4 Bedrooms | 32 | 33 | +3.1% |
5+ Bedrooms | 19 | 15 | -21.1% |
Summary: The Schoharie County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 21.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 30 | +114.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Schoharie County in March 2024, up by 114.3% month-over-month. Of the 30 sold homes, 50% were sold under asking, 13% were sold at asking, and 37% were sold over asking.
Days on Market for Schoharie County, NY
How long does it take to sell a home in Schoharie County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 71 Days | +9.4% |
Summary: Homes in Schoharie County had an average of 71 days on market in Mar 2024, up by 9.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in Schoharie County; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.