Madison County, NY Home Values & Market Trends
The median home price in Madison County, NY is $172,370.23. There were 808 home sales in Madison County, NY over the past 12 months. The median residential Madison County, NY home value for transactions over the previous year is $113,105.5. The number of current listings in Madison County, NY is 18, and the percentage of properties for sale is 18.00%. The county has 153 foreclosures, 1 bank owned properties, 3 headed for auction, and 18 properties for sale.
Madison County, NY Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Oneida | $ 134,900 $ 107/sqft | Erieville | $ -- $ -- |
Canastota | $ 398,705 $ 166/sqft | Wampsville | $ -- $ -- |
Chittenango | $ 128,679 $ 122/sqft | Peterboro | $ -- $ -- |
De Ruyter | $ 49,500 $ 53/sqft | Clockville | $ -- $ -- |
Cazenovia | $ 548,777 $ 220/sqft | Eaton | $ -- $ -- |
West Edmeston | $ 79,900 $ 49/sqft | New Woodstock | $ -- $ -- |
Munnsville | $ 21,449 $ 11/sqft | Bouckville | $ -- $ -- |
Georgetown | $ 53,906 $ 44/sqft | Hamilton | $ -- $ -- |
Hubbardsville | $ -- $ -- | Morrisville | $ -- $ -- |
Madison | $ -- $ -- | Brookfield | $ -- $ -- |
North Brookfield | $ -- $ -- | Leonardsville | $ -- $ -- |
Housing Market Summary for Madison County, NY
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $199K | $196.1K | -1.46% |
Median Sold Price | $158.9K | $196.1K | 23.41% |
Homes For Sale | 54 | 17 | -68.52% |
Homes Sold | 421 | 274 | -34.92% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison County, NY
Browse Homes in Madison County, NY
Madison County, NY home values range from $12,957 to $9,940,127. Cazenovia is the priciest city with a median listing home price of $699,000, and De Ruyter is most affordable with average house prices of around $49,500.
- Pre-ForeclosurePre-foreclosure homes account for 0.70% of all residential properties in Madison County, NY with Canastota containing 43 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 22 cities within Madison County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $616,512 in Wampsville to the lowest home value of $53,165 in Canastota.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison County, NY ranges from the highest value of $273,000 in De Ruyter to the lowest value of $125,269 in De Ruyter. Bank owned homes and properties account for 0.00% of properties in Madison County, NY. There are 22 cities within Madison County, NY; De Ruyter containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsErieville has 1 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, NY. Auction homes and other auction properties account for 0.01% of all properties in Madison County, NY. There are 22 cities within Madison County, NY; of those cities, the median estimated home value for homes going to auction ranges from $102,431 in Canastota to the lowest value of $102,431 in Canastota.
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More Real Estate Resources for Madison County, NY
Guide for Madison County, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.