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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stamford is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Stamford was a Seller's Market.

Key Takeaway

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

Housing Prices in Stamford, NY

How much do homes in Stamford, NY cost?

Median Sold Price

$222,500

$170/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$182,500(-45.1%)

Key Takeaway

Homes in Stamford have sold for 45.1% less than they did a month ago.

Summary: The median home sold price in Stamford was $222,500 in May 2024, down 45.1% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $435K-
N/A
2 $290K$222.5K
-23.3%
3 $365K-
N/A
4 $435K-
N/A
5+ $375K-
N/A

Summary: Stamford 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 decreased by 23.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stamford
-45.1%
Stamford
-45.1%

Housing Supply in Stamford, NY

How many homes are available in Stamford, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1615-6.3%

Summary: The Stamford real estate market had 15 homes for sale in May 2024, a 6.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 46
+50.0%
4 42
-50.0%
5+ 55
0.0%

Summary: The Stamford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
61-83.3%

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 Stamford, 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 Stamford in May 2024, down by 83.3% 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 Stamford, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
129 Days215 Days+65.8%

Summary: Homes in Stamford had an average of 215 days on market in May 2024, up by 65.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Stamford; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Stamford, NY

Nearby Markets to Stamford, NY