Is Williamstown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Williamstown was a Seller's Market.
Key Takeaway
Williamstown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Williamstown, NY
How much do homes in Williamstown, NY cost?
Median Sold Price
$187,450
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Williamstown have sold for 32% more than they did a year ago.
Summary: The median home sold price in Williamstown was $187,450 in May 2024, up 32% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | $145K | +76.8% |
| 2 Bedrooms | $100K | $180K | +80.0% |
| 3 Bedrooms | $162.1K | $214.9K | +32.6% |
| 4 Bedrooms | $172.5K | $44K | -74.5% |
| 5+ Bedrooms | - | $207.5K | N/A |
Summary: Williamstown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.8%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 32.6%, 4 bedroom homes decreased by 74.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Amboy | $100K | $169.9K | +70.0% |
| Williamstown | $142K | $187.4K | +32.0% |
| Albion | $143K | $156K | +9.1% |
Housing Supply in Williamstown, NY
How many homes are available in Williamstown, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Summary: The Williamstown real estate market had 12 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Williamstown 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 increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Williamstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Williamstown in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Williamstown, NY
How long does it take to sell a home in Williamstown, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 6 Days | -86.2% |
Summary: Homes in Williamstown had an average of 6 days on market in May 2024, down by 86.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Williamstown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Williamstown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
