Montgomery County, NY Home Values & Market Trends
The median home price in Montgomery County, NY is $160,023.55. There were 784 home sales in Montgomery County, NY over the past 12 months. The median residential Montgomery County, NY home value for transactions over the previous year is $90,250. The number of current listings in Montgomery County, NY is 47, and the percentage of properties for sale is 47.00%. The county has 129 foreclosures, 5 bank owned properties, 5 headed for auction, and 47 properties for sale.
Montgomery County, NY Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Amsterdam | $ 180,500 $ 117/sqft | Fort Johnson | $ 60,504 $ 37/sqft |
| Sprakers | $ 109,700 $ 95/sqft | Hagaman | $ 269,900 $ 217/sqft |
| Saint Johnsville | $ 154,549 $ 90/sqft | Canajoharie | $ -- $ -- |
| Fort Plain | $ 142,000 $ 78/sqft | Tribes Hill | $ -- $ -- |
| Fonda | $ 177,614 $ 133/sqft | Palatine Bridge | $ -- $ -- |
| Esperance | $ 187,553 $ 98/sqft | Fort Hunter | $ -- $ -- |
| Fultonville | $ 257,240 $ 163/sqft |
Housing Market Summary for Montgomery County, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $127K | $165.4K | 30.29% |
| Median Sold Price | $117.1K | $165.4K | 41.25% |
| Homes For Sale | 54 | 42 | -22.22% |
| Homes Sold | 462 | 357 | -22.73% |
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
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Browse Homes in Montgomery County, NY
Montgomery County, NY home values range from $18,210 to $1,111,872. Fultonville is the priciest city with a median listing home price of $285,000, and Fort Johnson is most affordable with average house prices of around $87,450.
- Pre-ForeclosurePre-foreclosure homes account for 0.81% of all residential properties in Montgomery County, NY with Amsterdam containing 72 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 13 cities within Montgomery County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $606,031 in Hagaman to the lowest home value of $39,900 in Saint Johnsville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Montgomery County, NY ranges from the highest value of $174,700 in Canajoharie to the lowest value of $92,934 in Fultonville. Bank owned homes and properties account for 0.03% of properties in Montgomery County, NY. There are 13 cities within Montgomery County, NY; Amsterdam containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAmsterdam has 3 auction properties, the highest number of properties going to auction in a single city in the state of Montgomery County, NY. Auction homes and other auction properties account for 0.03% of all properties in Montgomery County, NY. There are 13 cities within Montgomery County, NY; of those cities, the median estimated home value for homes going to auction ranges from $176,400 in Fonda to the lowest value of $102,600 in Fonda.
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Guide for Montgomery 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.
