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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springport is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Springport was a Neutral Market.

Key Takeaway

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

How much do homes in Springport, NY cost?

Median Sold Price

$239,900

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$29,900(+14.2%)

Key Takeaway

Homes in Springport have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $150K$192K
+28.0%
3 $154.8K$172K
+11.1%
4 $247.5K$337.5K
+36.4%
5+ $652K$298.2K
-54.3%

Median Sold Price Compared To Nearby Cities

Springport
+14.2%
Fleming
-23.5%

How many homes are available in Springport, NY?

Number of Homes For Sale

Aug 2022Sep 2022%
84-50.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 31
-66.7%
3 22
0.0%
4 21
-50.0%
5+ 10
-100.0%

Number of Homes Sold

Aug 2022Sep 2022%
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Sep 2021Sep 2022%
23 Days18 Days-21.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Springport, NY

Springport, NY has 4 homes on the market. The inventory of homes for sale in Springport, NY between August 2022 and September 2022 decreased by 50%. In September 2022, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $239,900. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 28%, 3 bedrooms properties became 11.1% more expensive, the cost of 4 bedrooms properties went up by 36.4%, prices of 5 bedrooms properties decreased by 54.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 66.7% less available, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory decreased by 50%, the quantity of 5 bedrooms homes went down by 100%. In September 2022, from all listings sold in Springport, NY there were more than 1 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.