Is Sprakers, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sprakers was a Seller's Market.
Key Takeaway
Sprakers is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sprakers, NY
How much do homes in Sprakers, NY cost?
Median Sold Price
$134,200
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sprakers have sold for 33.7% less than they did a year ago.
Summary: The median home sold price in Sprakers was $134,200 in April 2024, down 33.7% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119K | $148.4K | +24.7% |
| 3 Bedrooms | $325K | $212K | -34.8% |
| 4 Bedrooms | $235K | $73K | -68.9% |
| 5+ Bedrooms | $100K | - | N/A |
Summary: Sprakers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.7%, 3 bedroom homes decreased by 34.8%, 4 bedroom homes decreased by 68.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sprakers | $202.5K | $134.2K | -33.7% |
| Root | $220K | $120K | -45.5% |
Housing Supply in Sprakers, NY
How many homes are available in Sprakers, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Sprakers real estate market had 9 homes for sale in April 2024, a 80.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sprakers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sprakers, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Sprakers in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Sprakers, NY
How long does it take to sell a home in Sprakers, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 24 Days | -17.2% |
Summary: Homes in Sprakers had an average of 24 days on market in Apr 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sprakers are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Sprakers; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.