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Queensbury, NY Housing Market Trends
In November 2024, the median listing price for homes in Queensbury, NY, reached $385,000, reflecting a robust 10% year-over-year increase. The median price per square foot stood at $233, while the median sold price climbed to $405,000, indicating strong demand that often pushes sale prices above asking. This upward trend highlights Queensbury's growing appeal, likely driven by its balance of affordability, desirable amenities, and proximity to popular recreational areas, making it an attractive market for both buyers and investors.
In November 2024, homes in Queensbury, NY, sold for approximately their asking price, reflecting a balanced market. On average, properties took 58 days to sell, with the median days on market trending upward compared to both last month and the same period last year. This suggests a slight cooling in market activity, potentially influenced by seasonal factors or shifts in buyer behavior, while steady sale prices highlight consistent demand in the area.
As of November 2024, Queensbury, NY, is a seller's market, with demand for homes exceeding the available supply. This imbalance creates favorable conditions for sellers, often leading to competitive offers and quicker sales, highlighting the area's strong appeal to buyers.
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