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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanford is a buyer's market

Buyer's
Market

Difference Since October 2021

Since last year, Stanford has remained a Buyer's Market.

Key Takeaway

Stanford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Stanford, NY cost?

Median Sold Price

$493,500

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$51,200(+11.6%)

Key Takeaway

Homes in Stanford have sold for 11.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $258.5K$407K
+57.4%
3 $387.5K$435K
+12.3%
4 $587.5K$839K
+42.8%
5+ $1.4M$267.5K
-81.0%

Median Sold Price Compared To Nearby Cities

Washington
+18.0%
Clinton Corners
+17.2%
Stanford
+11.6%
Salt Point
+5.6%

How many homes are available in Stanford, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
2725-7.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 33
0.0%
3 1616
0.0%
4 86
-25.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanford, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
112 Days76 Days-32.4%

Breakdown of Home Sale Times

0 Homes Were 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 Stanford has remained consistent over time.

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

About Stanford, NY

Stanford, NY has 25 homes on the market. In October 2022 in Stanford, NY there were 7.4% less homes for sale than in September 2022. While the average time on the market in October 2022 was 76 days, the median list price was $493,500. Between September 2022 and October 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 57.4%, the cost of 3 bedrooms properties went up by 12.3%, 4 bedrooms properties prices increased by 42.8%, the cost of 5 bedrooms properties went down by 81%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes decreased by 25%, number of 5 bedrooms homes remained the same. While more than 1 listings in Stanford, NY in October 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.

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