Is Little Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little Falls is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Little Falls was a Seller's Market.

Key Takeaway

Little Falls is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Little Falls, NY

How much do homes in Little Falls, NY cost?

Median Sold Price

$205,750

$139/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$110,251(+115.4%)

Key Takeaway

Homes in Little Falls have sold for 115.4% more than they did a month ago.

Summary: The median home sold price in Little Falls was $205,750 in April 2024, up 115.4% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $217K-
N/A
3 $95.4K$295K
+208.9%
4 -$85.7K
N/A
5+ $75K-
N/A

Summary: Little Falls housing prices by bedroom type for April 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 increased by 208.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Little Falls, NY

How many homes are available in Little Falls, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2928-3.4%

Summary: The Little Falls real estate market had 28 homes for sale in April 2024, a 3.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1313
0.0%
4 56
+20.0%
5+ 86
-25.0%

Summary: The Little Falls housing inventory by bedroom type for April 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 increased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

4 Homes Were 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 Little Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Little Falls in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Little Falls, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
42 Days158 Days+271.1%

Summary: Homes in Little Falls had an average of 158 days on market in Apr 2024, up by 271.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Little Falls are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Little Falls; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 27 Days Ago

Newest Listings in Little Falls, NY

Nearby Markets to Little Falls, NY

What housing markets are near Little Falls, NY?