Is Fulton County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fulton County has remained a Seller's Market.
Housing Prices in Fulton County, NY
How much do homes in Fulton County, NY cost?
Median Sold Price
$160,369
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fulton County was $160,369 in May 2024, up 7.2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $127K | +1.6% |
2 Bedrooms | $125K | $134.1K | +7.3% |
3 Bedrooms | $170K | $189K | +11.2% |
4 Bedrooms | $165K | $164K | -0.6% |
5+ Bedrooms | $119.1K | $128.8K | +8.1% |
Summary: Fulton County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Counties
Hamilton County | $275K | $300K | +9.1% |
Montgomery County | $164K | $176.8K | +7.9% |
Fulton County | $149.5K | $160.3K | +7.2% |
Saratoga County | $385.8K | $411.4K | +6.6% |
Herkimer County | $157.7K | $155K | -1.8% |
Housing Supply in Fulton County, NY
How many homes are available in Fulton County, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
211 | 207 | -1.9% |
Summary: The Fulton County real estate market had 207 homes for sale in May 2024, a 1.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 38 | 37 | -2.6% |
3 Bedrooms | 89 | 92 | +3.4% |
4 Bedrooms | 54 | 42 | -22.2% |
5+ Bedrooms | 26 | 32 | +23.1% |
Summary: The Fulton County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 36 | -23.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Fulton County in May 2024, down by 23.4% month-over-month. Of the 36 sold homes, 47% were sold under asking, 25% were sold at asking, and 28% were sold over asking.
Days on Market for Fulton County, NY
How long does it take to sell a home in Fulton County, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 76 Days | +100.6% |
Summary: Homes in Fulton County had an average of 76 days on market in May 2024, up by 100.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 36 homes were sold in Fulton County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.