May 2024

Alfred Housing Market Report Allegany County, New York

Report Updated 2 Days Ago

Housing Prices in Alfred, NY

How much do homes in Alfred, NY cost?

Median List Price

$161,000

$93/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$12,000(+8.1%)

Key Takeaway

The list price of homes in Alfred has increased by 8.1% since last year.

Summary: The median home list price in Alfred was $161,000 in May 2024, up 8.1% from the previous year, and the median price per square foot was $93.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	May 2023	May 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$114.9K	$114.9K	0.0%
3 Bedrooms	$183.5K	$145K	-21.0%
4 Bedrooms	$139.9K	$154.4K	+10.4%
5+ Bedrooms	$219.4K	$199K	-9.3%

Summary: Alfred housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 9.3%.

Median List Price Compared To Nearby Cities

CITY	May 2023	May 2024	CHANGE
Alfred Station	$199.9K	$229K	+14.6%
Alfred	$149K	$161K	+8.1%

Housing Supply in Alfred, NY

How many homes are available in Alfred, NY?

Number of Homes For Sale

Apr 2024	May 2024	CHANGE
5	5	0.0%

Summary: The Alfred real estate market had 5 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Apr 2024	May 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	3	3	0.0%
4 Bedrooms	2	2	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Alfred 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Alfred, NY

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

Average Listing Age

May 2023	May 2024	CHANGE
272 Days	454 Days	+66.5%

Summary: Homes in Alfred had an average listing age of 454 days in May 2024, up by 66.5% compared to the previous year.

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

Report Updated 2 Days Ago

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Newest Listings in Alfred, NY

Nearby Markets to Alfred, NY

MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS for the period 06/01/2022 - 06/01/2024

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2024, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.