Is New Hartford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, New Hartford has remained a Seller's Market.
Housing Prices in New Hartford, NY
How much do homes in New Hartford, NY cost?
Median Sold Price
$260,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Hartford was $260,000 in April 2024, up 15% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177.5K | $225K | +26.8% |
3 Bedrooms | $210K | $232.4K | +10.7% |
4 Bedrooms | $285K | $340K | +19.3% |
5+ Bedrooms | $466K | $431K | -7.5% |
Summary: New Hartford 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 26.8%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
New Hartford | $226K | $260K | +15.0% |
Utica | $165K | $166.7K | +1.0% |
Housing Supply in New Hartford, NY
How many homes are available in New Hartford, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 34 | -10.5% |
Summary: The New Hartford real estate market had 34 homes for sale in April 2024, a 10.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The New Hartford 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 decreased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in New Hartford in April 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for New Hartford, NY
How long does it take to sell a home in New Hartford, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 42 Days | +7.2% |
Summary: Homes in New Hartford had an average of 42 days on market in Apr 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in New Hartford; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.