Is Vienna, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Vienna was a Seller's Market.
Key Takeaway
Vienna is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Vienna, NY
How much do homes in Vienna, NY cost?
Median Sold Price
$189,950
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vienna have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Vienna was $189,950 in April 2024, up 6.9% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111K | - | N/A |
| 2 Bedrooms | $169.6K | $237.5K | +40.0% |
| 3 Bedrooms | $150K | $186K | +24.0% |
| 4 Bedrooms | $200K | $187.5K | -6.3% |
| 5+ Bedrooms | $354.5K | $189.9K | -46.4% |
Summary: Vienna 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 increased by 40%, 3 bedroom homes increased by 24%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 46.4%.
Median Sold Price Compared To Nearby Cities
| Vienna | $177.7K | $189.9K | +6.9% |
| Blossvale | $188K | $187.9K | 0% |
Housing Supply in Vienna, NY
How many homes are available in Vienna, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Summary: The Vienna real estate market had 21 homes for sale in April 2024, a 23.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Vienna housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vienna, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Vienna in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Vienna, NY
How long does it take to sell a home in Vienna, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 81 Days | 123 Days | +52.7% |
Summary: Homes in Vienna had an average of 123 days on market in Apr 2024, up by 52.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Vienna are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Vienna; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
