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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sweden is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Sweden, NY

How much do homes in Sweden, NY cost?

Median Sold Price

$200,750

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,250(-4.4%)

Key Takeaway

Homes in Sweden have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Sweden was $200,750 in March 2024, down 4.4% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $75K$88.1K
+17.5%
2 $159.9K$162.6K
+1.7%
3 $216.3K$200K
-7.6%
4 $208K$212.5K
+2.2%
5+ $225.5K$273.7K
+21.4%

Summary: Sweden housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Cities

Clarkson
+14.4%
Brockport
+8.1%
Sweden
-4.4%
Murray
-7.8%

Housing Supply in Sweden, NY

How many homes are available in Sweden, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1915-21.1%

Summary: The Sweden real estate market had 15 homes for sale in March 2024, a 21.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 95
-44.4%
4 55
0.0%
5+ 01
+100.0%

Summary: The Sweden housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sweden, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Sweden in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.

Days on Market for Sweden, NY

How long does it take to sell a home in Sweden, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
8 Days9 Days+9.6%

Summary: Homes in Sweden had an average of 9 days on market in Mar 2024, up by 9.6% compared to last year.

Breakdown of Home Sale Times

6 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 Sweden are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Sweden; 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.

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

Report Updated 18 Days Ago

Newest Listings in Sweden, NY

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