Penn Yan, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Penn Yan, NY is $189,000, down 14.1% year-over-year. Homes sell in an average of 19 days with 11 active listings. The market is currently a balanced market.
$189,000median sale price
Homes sold
3
Last 12 weeks
Days on market
19
Fast-moving
Active listings
11
3.7 months supply
Sale-to-list
97.9%
Below asking
Penn Yan, NY market data
| Metric | Value |
|---|---|
| Median sale price | $189,000 |
| Median list price | $170,000 |
| Year-over-year price change | -14.1% |
| Average days on market | 19 days |
| Active inventory | 11 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 97.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Penn Yan housing market is currently classified as a balanced market with a median sale price of $189,000. Prices have fallen 14.1% compared to last year, with homes spending an average of 19 days on market, indicating 3.7 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 Penn Yan
There are currently 11 homes listed for sale in Penn Yan, New York. The median listing price is $170K.
Active listings
11
Homes on market
Median list price
$170K
Avg. days on market
19
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Penn Yan?
The median home sale price in Penn Yan is $189,000, down 14.1% from last year.
How long do homes stay on market in Penn Yan?
Homes typically spend 19 days on market before going under contract.
Is Penn Yan a buyer's or seller's market?
With 3.7 months of supply, Penn Yan is currently a balanced market.
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