Is Seneca Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seneca Falls is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Seneca Falls, NY cost?

Median Sold Price

$128,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$2,000(-1.5%)

Key Takeaway

Homes in Seneca Falls have sold for 1.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 -$82.4K
N/A
2 $100K$112.5K
+12.5%
3 $130.1K$127.5K
-2.0%
4 $135K$135K
0.0%
5+ $115.2K$320K
+177.7%

How many homes are available in Seneca Falls, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
1310-23.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 21
-50.0%
3 76
-14.3%
4 32
-33.3%
5+ 11
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seneca Falls, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
9 Days53 Days+494.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Seneca Falls has remained consistent over time.

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

About Seneca Falls, NY

Homes for sale in Seneca Falls, NY have reached 10. The inventory of homes for sale in Seneca Falls, NY between December 2022 and January 2023 decreased by 23.1%. In January 2023 median list price was $128,000 and the average listing age was 53 days. Real estate listing prices changed between December 2022 and January 2023: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 12.5%, prices of 3 bedrooms properties went down by 2%, the cost of 4 bedrooms properties have not changed, 5 bedrooms properties became 177.7% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 50%, 3 bedrooms homes became 14.3% less available, volume of 4 bedrooms homes went down by 33.3%, the quantity of 5 bedrooms homes have not changed. In January 2023 more than 2 listings in Seneca Falls, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.