Is Stanford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Stanford, NY
How much do homes in Stanford, NY cost?
Median Sold Price
$488,900
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stanford have sold for 11.9% less than they did a year ago.
Summary: The median home sold price in Stanford was $488,900 in April 2024, down 11.9% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $439K | $335K | -23.7% |
| 3 Bedrooms | $420K | $527.8K | +25.7% |
| 4 Bedrooms | $839K | $560K | -33.3% |
| 5+ Bedrooms | $100K | $5.8M | +5772.5% |
Summary: Stanford 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 decreased by 23.7%, 3 bedroom homes increased by 25.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 5772.5%.
Median Sold Price Compared To Nearby Cities
| Stanfordville | $395.5K | $450K | +13.8% |
| Salt Point | $465K | $450K | -3.2% |
| Stanford | $555K | $488.9K | -11.9% |
| Washington | $575K | $470K | -18.3% |
| Clinton Corners | $704K | $521.7K | -25.9% |
Housing Supply in Stanford, NY
How many homes are available in Stanford, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Summary: The Stanford real estate market had 30 homes for sale in April 2024, a 36.4% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Stanford 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 remained the same, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stanford, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Stanford in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 230 Days | 246 Days | +7.0% |
Summary: Homes in Stanford had an average of 246 days on market in Apr 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Stanford are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Stanford; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.