Palermo, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Palermo, NY is $215,000, down 16.3% year-over-year. Homes sell in an average of 15 days with 2 active listings. The market is currently a seller's market.
$215,000median sale price
Homes sold
3
Last 12 weeks
Days on market
15
Fast-moving
Active listings
2
0.7 months supply
Sale-to-list
93.6%
Below asking
Palermo, NY market data
| Metric | Value |
|---|---|
| Median sale price | $215,000 |
| Year-over-year price change | -16.3% |
| Average days on market | 15 days |
| Active inventory | 2 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 93.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Palermo housing market is currently classified as a seller's market with a median sale price of $215,000. Prices have fallen 16.3% compared to last year, with homes spending an average of 15 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Palermo
There are currently 2 homes listed for sale in Palermo, New York.
Active listings
2
Homes on market
Avg. days on market
15
Days until sale
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Frequently asked questions
What is the average home price in Palermo?
The median home sale price in Palermo is $215,000, down 16.3% from last year.
How long do homes stay on market in Palermo?
Homes typically spend 15 days on market before going under contract.
Is Palermo a buyer's or seller's market?
With 0.7 months of supply, Palermo is currently a seller's market.
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