Ticonderoga, NY Real Estate Listings & Homes for Sale

The Ticonderoga housing market has experienced significant growth, with the median sale price reaching $175,000—an impressive 65.1% increase from last year. The price per square foot has surged even more, climbing 85.5% to $153. Despite these rising prices, homes are selling slightly under list price by an average of 4.1%, and the average time on the market is 61 days. With only one home sold last month, the low transaction volume suggests limited inventory, which could be driving up prices. This market dynamic presents opportunities for sellers looking to capitalize on rising values, while buyers may need to act strategically in a competitive landscape.

Ticonderoga's market is moderately competitive, with most homes selling in about 61 days at roughly 4% below the list price, offering some room for negotiation. However, properties that generate multiple offers—often considered "hot" homes—tend to go pending much faster, in around 38 days, and usually fetch prices near the listing. This dynamic indicates that while average properties may offer buyers some leverage, highly desirable listings create a more aggressive environment where quick decisions are crucial, allowing sellers of standout homes to secure premium offers.

As of January 2025, Ticonderoga, NY is experiencing a balanced housing market where supply closely matches demand. This equilibrium means that while there isn’t an overwhelming shortage or excess of homes, both buyers and sellers benefit from fair and competitive pricing, fostering a stable environment for negotiations.