Is Stanford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Stanford has remained a Buyer's Market.
Housing Prices in Stanford, NY
How much do homes in Stanford, NY cost?
Median Sold Price
$527,800
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Stanford was $527,800 in June 2024, down 0.4% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $519.5K | $335K | -35.5% |
3 Bedrooms | $417.5K | $535K | +28.1% |
4 Bedrooms | $662K | $515K | -22.2% |
5+ Bedrooms | $100K | $5.8M | +5772.5% |
Summary: Stanford housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.5%, 3 bedroom homes increased by 28.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 5772.5%.
Median Sold Price Compared To Nearby Cities
Stanfordville | $385K | $530K | +37.7% |
Salt Point | $416.5K | $510K | +22.4% |
Stanford | $530K | $527.8K | -0.4% |
Clinton Corners | $639K | $494.5K | -22.6% |
Housing Supply in Stanford, NY
How many homes are available in Stanford, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
31 | 39 | +25.8% |
Summary: The Stanford real estate market had 39 homes for sale in June 2024, a 25.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 13 | 18 | +38.5% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Stanford housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Stanford in June 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Stanford, NY
How long does it take to sell a home in Stanford, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
133 Days | 64 Days | -51.9% |
Summary: Homes in Stanford had an average of 64 days on market in Jun 2024, down by 51.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in Stanford; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.