Is Tully, 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, Tully has remained a Seller's Market.
Housing Prices in Tully, NY
How much do homes in Tully, NY cost?
Median Sold Price
$320,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tully was $320,500 in May 2024, up 6.8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $348K | +39.2% |
3 Bedrooms | $244.7K | $282.5K | +15.4% |
4 Bedrooms | $350K | $315K | -10.0% |
5+ Bedrooms | $390K | $387.5K | -0.6% |
Summary: Tully 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 increased by 39.2%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in Tully, NY
How many homes are available in Tully, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Tully real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Tully housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Tully in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Tully, NY
How long does it take to sell a home in Tully, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 41 Days | +768.1% |
Summary: Homes in Tully had an average of 41 days on market in May 2024, up by 768.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Tully; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.