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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piffard is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Piffard has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Piffard, NY

How much do homes in Piffard, NY cost?

Median Sold Price

$198,000

$65/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$68,000(-25.6%)

Key Takeaway

Homes in Piffard have sold for 25.6% less than they did a month ago.

Summary: The median home sold price in Piffard was $198,000 in May 2024, down 25.6% from last month, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $254.5K-
N/A
4 $266K-
N/A
5+ -$198K
N/A

Summary: Piffard housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Piffard, NY

How many homes are available in Piffard, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
63-50.0%

Summary: The Piffard real estate market had 3 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 41
-75.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Piffard 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 remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piffard, 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 Piffard in May 2024, down by 66.7% 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 Piffard, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
6 Days4 Days-40.0%

Summary: Homes in Piffard had an average of 4 days on market in May 2024, down by 40% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Piffard are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Piffard; 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 1 Day Ago

Newest Listings in Piffard, NY

Nearby Markets to Piffard, NY