Comprehensive market data and analysis
We're showing New York County statistics below to give you a broader market picture. As more transactions occur in Hoosick, New York, we'll update with specific local data.
View nearby areas with more activity:
13.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Hoosick, New York | ||||||
The median price for land in the New York area is currently $18K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $500K.
the New York area is currently a strong buyer's market with 13.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 40.0% year-over-year.
the New York area currently has 13.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The median land price in the New York area stands at $80K. This translates to roughly $18K per acre for the typical parcel size. The average price is $259K, indicating some higher-priced properties pulling up the average.
Land in the New York area typically sells within 118 days of listing. The median time on market is 69 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, the New York area saw 5,603 properties sold, totaling $1445.3M in sales volume. In just the last 3 months, 1,359 properties changed hands.
The 3-month absorption rate in the New York area is 7.5%. The 12-month rate is 7.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
